A flowchart is most frequently used by an auditor in connection with the:
A)preparation of generalised computer audit programs.
B)review of the client's internal accounting controls.
C)use of statistical sampling in performing an audit.
D)performance of analytical procedures on account balances.

Question

Quizplus · Accepted Answer

A flowchart is a visual representation of the steps in a process or system. An auditor can use a flowchart to review and document the client's internal accounting controls, which helps in identifying potential weaknesses and risks in the system. This can help the auditor design their audit approach and identify areas that need further testing or attention. A flowchart may also be used in preparing computer audit programs, but it is most frequently used in connection with reviewing internal controls. It is less commonly used in statistical sampling or for analytical procedures, as these methods require more analysis of data than a flowchart provides.

A Flowchart Is Most Frequently Used by an Auditor in Connection