Some Important Aspects of Any Audit, Including Audit Data Analytics

question 84

Multiple Choice

Some important aspects of any audit, including audit data analytics, pertain to the _______.

• A)nature, extent, and timing of the audit procedures
• B)prior auditor's assistance with audit procedures
• C)ultimate issuance of an audit opinion by senior management
• D)stock price, and ensuring it is not negatively affected by the audit

---

Definitions:

Dual

Characterized by having two parts, elements, or aspects.

Categorical

A characteristic or description that involves clearly defined divisions or categories, often used in classification and sorting.

Federal Mandates

Directives issued by the federal government requiring states or municipalities to comply with certain regulations or perform specific actions, often tied to federal funding.

Supreme Court

The supreme judicial authority in the United States, comprised of nine justices, and possesses overarching legal power over every other court in the country.