Question
1.To determine the reliability of data, the auditor may consider all but which of the following? A.The process used to produce the data B.The nature
1.To determine the reliability of data, the auditor may consider all but which of the following?
A.The process used to produce the data
B.The nature and source of the data
C.The extent of other audit procedures
D.Whether the auditors system has been subject to reliability testing
2.Which of the following would occur during the planning stage of Audit Data Analytics?
A.Auditor must determine the nature, timing, and extent of the work that will be completed as part of the ADA.
B.Auditor can conclude that no additional risk of material misstatement is present in population items.
C.Auditors may need to subject client systems to reliability testing.
D.Auditor must consider whether the data has a logical connection to the purpose of the audit procedure.
3.For documentation of an ADA to be considered sufficient, all the following should be recorded except?
A.Who reviewed work performed within the output of the ADA.
B.Who performed the work and created the output of the ADA.
C.The process used to produce the data examined.
D.Identifying characteristics of specific items or matters tested.
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