Which does not appropriately describe digital transformation? Digital transformation means using technologies to radically change how an enterprise performs. The technologies that enterprises can leverage for digital transformations can be RPA, IPA, Internet of Things, Al, and so on. Audit is not required to embrace digital transformation even though it is being implemented at clients. Digitization of clients lays the foundation for audit automation. Which is most accurate regarding the types of audit task? There are generally three types of audit tasks: structured, semi-structured, and unstructured. All audit tasks are automatable. The task of fair value estimation is structured. RPA cannot be used for automated structured audit tasks. Which is accurate regarding an "auditor-in-the-loop" IPA ecosystem? IPA will automate different types of audit tasks to different degrees and leave the auditors with the easiest tasks with which to deal. Auditors will still be needed even though all work will be automated. When Al and cognitive computing are not able to make a confident decision, the task will be forwarded to the auditor to deal with. In the "auditor-in-the-loop" IPA ecosystem, the auditors work independently of the automation tools to achieve the best performance. Be experts in disruptive technologies such as Al, IPA, and blockchain. Implement IPA on all engagements. Cultivate personal skills, especially cooperation, communication, and leadership. What is a potential benefit of big exogenous data, for example, external nonfinancial information? It is difficult to access. It is likely to be tampered with. It is structured. It may complement many current procedures. What is the "thinking blockchain"? Smart contracts on the blockchain that analyze structured data. The concept of a blockchain evolving through Al. Smart contracts on the blockchain that analyze structured and unstructured data. Pairing a "thinking" human with a blockchain contract to identify exceptions. What could be facilitated by combining predictive analysis with RPA? Test of details. Analysis of fraud risk assessment. Development of account projections. Analysis of client discussions and completion of audit templates for control risk assessment