A flowchart is most frequently used by an auditor in connection with the
A) Preparation of generalized computer audit programs.
B) Review of the client's internal controls.
C) Use of statistical sampling in performing an audit.
D) Performance of analytical procedures of account balances.

Question

Quizplus · Accepted Answer

A flowchart is a graphical representation of the client's internal controls and can help an auditor identify potential weaknesses or inefficiencies in the system. It can also aid in understanding the flow of transactions and determining the nature, timing, and extent of audit procedures to be performed. Flowcharts are not typically used for preparing computer programs, using statistical sampling, or performing analytical procedures.

A Flowchart Is Most Frequently Used by an Auditor in Connection