Auditing Practice Questions:

12. T/F. Data analytics methodology has made it easier for auditors to examine large samples of the entire population of substantive tests. 13. T/F. Data analytics is very useful to auditors because it has made it easier to catch white-collar criminals during an audit. 14. Data analytics are used to: a. Test assertions of management on financial statements; b. Test completeness c. Rights of ownership or obligations of management d. All of the above e. Only a and b above