When analyzing the results of the test data method,the auditor would spend the least amount of time reviewing
A)the test transactions
B)error reports
C)updated master files
D)output reports

Question

Quizplus · Accepted Answer

The auditor would spend the least amount of time reviewing the test transactions because these are specifically created for the purpose of the audit to test the system's processing capabilities. The focus of the auditor is more on the outcomes and effects of these transactions on the system (such as error reports, updated master files, and output reports) to assess the system's accuracy and reliability.

When Analyzing the Results of the Test Data Method,the Auditor