Examlex
Which of the following is not one of the reasons auditors should consider the use of CAATs?
Reliability
The degree to which an assessment tool or measurement is consistently accurate across different times and contexts.
Validity
The extent to which a concept, conclusion or measurement is well-founded and likely corresponds accurately to the real world.
Goal Development
The process of identifying specific, measurable, achievable, relevant, and time-bound objectives to pursue in personal or professional contexts.
Decision-Making Process
The cognitive process of choosing from multiple alternatives to reach a conclusion or strategy, involving steps such as identifying a problem, generating options, and selecting a course of action.
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