Which of the following situations increases the reliability of data being used for substantive analytical procedures? a.

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Which of the following situations increases the reliability of data being used for substantive analytical procedures?

a. The source of the data is the client’s internal budget reports.

b. During the prior-year audit, the data was subjected to audit testing.

c. Controls over the data have not been tested.

d. Broad industry averages will be used in comparison with the client’s data.

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Related Book For answer-question

Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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Question Posted: Jan 01, 2020 05:16 AM

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Which of the following situations increases the reliability of data being used for substantive analytical procedures? a.

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Auditing A Practical Approach with Data Analytics

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