Question
Which of the following is a benefit of using analytics and visualization tools on audits? Multiple Choice A) Analytics and visualization tools can help auditors
Which of the following is a benefit of using analytics and visualization tools on audits?
Multiple Choice
A) Analytics and visualization tools can help auditors gain better insights into client processes.
B) Analytics and visualization tools can help auditors more easily detect fraud and risks of material misstatement, including common or unusual trends in the data.
C) All of these are benefits.
D) Computer-assisted audit tools and analytic tools (e.g., like IDEA) can help auditors test a greater number of transactions and test them more efficiently.
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