Benchmarking is:
A) based on the premise that a computer will continue to perform any given procedures in exactly the same way until such time as the program is changed.
B) an audit testing strategy that can be used to carry forward the benefit of certain application controls testing into future audit periods.
C) both a and b
D) none of the above.

Question

Quizplus · Accepted Answer

Benchmarking is a strategy used to evaluate computer performance, based on the assumption that the computer will perform the same procedures consistently until the program is modified. It can also be used as an audit testing strategy to carry forward the benefits of certain application controls testing into future audit periods. Therefore, both options A and B are correct, making choice C the correct answer.

Benchmarking Is