Question 5 Key driving forces that will ensure audit firms keep pace with the change in technology will be attributed to all of the following except A) Self-preservation of the audit firm and its ability to reduce audit risk inherent in the practice B) Differentiation from competitors in the market may be achieved with bold claims of futuristic data analytics and harnessing the power of Big Data. C) IAASB and other regulators are likely to take a step back and allow the audit firms to be innovative as they recognise the importance of staying relevant. Not yet answered Marked out of 3.00 D) Reducing levels of ethics to ensure independence and professional scepticism are demonstrably maintained to satisfy public perception. B C D A O

Marked out of 3.00 Key driving forces that will ensure audit firms keep pace with the change in technology will be attributed to all of the following except A) Self-preservation of the audit firm and its ability to reduce audit risk inherent in the practice B) Differentiation from competitors in the market may be achieved with bold claims of futuristic data analytics and harnessing the power of Big Data. C) IAASB and other regulators are likely to take a step back and allow the audit firms to be innovative as they recognise the importance of staying relevant. D) Reducing levels of ethics to ensure independence and professional scepticism are demonstrably maintained to satisfy public perception