(LO 5-4) Multiple Choice: What actions should be taken by either internal auditors or management if a...

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(LO 5-4) Multiple Choice: What actions should be taken by either internal auditors or management if a company’s continuous audit system has too many alarms that are false positive?

a. Abandon the system.

b. Change the parameters to focus on lower-risk items.

c. Change the parameters to focus on higher-risk items.

d. Ignore the alarms.

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ISE Data Analytics For Accounting

ISBN: 9781265094454

3rd Edition

Authors: Ryan A. Teeter, Vernon Richardson, Katie L. Terrell

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