Which of the following is an audit reporting technique for prioritizing audit findings?

Question

Quizplus · Accepted Answer

The risk-benefit ratio is a common audit reporting technique for prioritizing audit findings. This technique involves weighing the risks associated with a finding against the potential benefits of addressing it. By using this approach, auditors can identify which findings require immediate attention and which can be addressed later. The other options (A, C, and D) are not relevant audit reporting techniques for prioritizing audit findings.

Which of the Following Is an Audit Reporting Technique for Prioritizing