24-Out of the three requirements of analytical procedure what is the third requirement? O a. Investigating the results of analytical procedure O b. Substantive procedure O c. Test of control O d. Analytical procedures that assists when forming an overall conclusion

Q: Ensuring that all material transactions processed by the information system are valid and in…

A: Internal Controls: Internal controls are the controls established within an organization to check…

Q: Cross-referencing: 1. Is equivalent to the PCAOB management assertion of completeness. 2. Makes it…

A: Cross referencing is a function which is performed while completing the audit documentation of an…

Q: Which of the following is an element of the Oa. Risk assessment plans Ob. Managements' operating…

A: The right answer is b Management's operating styles

Q: Which of the following i not an element of internal control?A. Control environmentB. MonitoringC.…

A: Internal control can be defined as the process of persuading the objectives of the organization such…

Q: Identify and describe any four areas validity checks can be applied?

A:

Q: Explain the following: Include atleast two references A: The significance of audit data analytics…

A: Introduction to Audit & Assurance Audit is an independent examination of books of accounts for…

Q: List and describe the eight general types ofaudit procedures for gathering evidence

A: Definition: Audit: Audit is the process of verification of the compliance of the financial…

Q: following: A: The significance of audit data analytics B: Audit standards and

A: The Data analytics played any important role because audit reason independent examination of data so…

Q: This focuses on what happens. a. Technical analysis b. Fundamental analysis c. Both fundamental and…

A: Technical analysis focus on the movement of the stock price and use that data to predict the future…

Q: Multiple Select Question Select all that apply   Identify the principles of internal…

A: The objective of this question is to identify the principles of internal control from the given…

Q: Which one of the following qualities is most concerned with influencing users' decisions concerning…

A: Introduction:- The following are qualitative characteristics as follows under:- Relevance, Faithful…

Q: How do computer-assisted procedures complete the analytical procedure audit

A: CAATS- CAATS are known as Computer Assisted Audit Techniques. These are the techniques used to…

Q: What is meant by each of the following potential characteristics of information: relevant, accurate,…

A:

Q: Which of the following is the correct sequence of activities in the systems development life cycle?…

A: System Development Life Cycle (SDLC): System Development Life Cycle (SDLC) is a system development…

Q: Define and explain the following: A: Audit  data analytics B: Audit data analytics procedures.

A: An audit consists of a review or inspection of several books of accounts carried out by an auditor,…