Matching Information in Key Data Fields _______

question 75

Multiple Choice

Matching information in key data fields _______.

• A)is a process where the auditor uses audit data analytics to search for key characteristics that may exist in several different databases
• B)is a process where the auditor uses audit data analytics to search for key characteristics that may exist in the same database
• C)is typically a task assigned to the internal audit function
• D)is a process where the auditor uses his or her understanding of inherent risk to search for key characteristics that may exist in several different databases

---

Definitions:

Project Analysis

The process of evaluating the viability and profitability of a project or potential investment, often involving calculations of various financial metrics and consideration of risk factors.

Discount Rates

Interest rates used to determine the present value of future cash flows, important in finance for valuation and risk assessment purposes.

Cost Of Capital

The earnings rate a business must achieve on its investments to keep its market value stable and entice capital.

Debt And Equity

The two primary ways a company finances its operations, through borrowing money (debt) and selling shares (equity).