A primary advantage of using generalized audit software packages to audit the financial statements of an entity that uses an IT system is that the auditor may:

Multiple Choice

substantiate the accuracy of data through self$-$checking digits and hash totals

access information stored on computer files while having a limited understanding of the entity's hardware and software features

consider increasing the use of substantive tests of transactions in place of analytical procedures

reduce the level of required tests of controls to a relatively small amount