In general, an auditor is more likely to use audit data analytics (ADA) when which of the following conditions exist?
A) Evidence to support the audit test is available in electronic form.
B) Relevant data is reliable and internal controls over the reliability of data are strong.
C) Relevant data is clean or can be cleaned up easily.
D) All of these answer choices are correct.
Correct Answer:
Verified
Q72: The auditor is likely to use audit
Q73: Auditors can use statistical audit sampling _.
A)to
Q74: AU-C 540 Auditing Accounting Estimates, Including Fair
Q75: Financial statements include _.
A)a variety of items
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Q78: The extent of substantive procedures refers to
Q79: Estimation uncertainty is defined as _.
A)the susceptibility
Q80: AU-C 540 Auditing Accounting Estimates, Including Fair
Q81: The amount of estimation uncertainty is affected
Q82: If the client has well-designed, implemented, and
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