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Question 451 - IIA-CIA-Part2 discussion

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During audit engagement planning, an internal auditor is determining the best approach for leveraging computer-assisted audit techniques (CAATs). Which of the following approaches maximizes the use of CAATs and why?

A.
Tracing, because it would enable the auditor to verify quickly that the record counts were properly included in the compilation.
Answers
A.
Tracing, because it would enable the auditor to verify quickly that the record counts were properly included in the compilation.
B.
Inspection, because it would enable the auditor to verify how management enters the data into the application for processing.
Answers
B.
Inspection, because it would enable the auditor to verify how management enters the data into the application for processing.
C.
Testing data, because it would enable the auditor to ensure that the application processes the transaction as described by management.
Answers
C.
Testing data, because it would enable the auditor to ensure that the application processes the transaction as described by management.
D.
Reperformance, because it enables the auditor to verify that the application performed the calculation correctly.
Answers
D.
Reperformance, because it enables the auditor to verify that the application performed the calculation correctly.
Suggested answer: D
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asked 18/09/2024
Débora Gomes Almeida
45 questions
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