Which of the Following Is Not a Use of CAATs

question 24

Short Answer

Which of the following is not a use of CAATs in auditing?
A. Test of details of transactions and balances
B. Analytical review procedures
C. Fraud examination
D. Produce terms and conditions of employment

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Definitions:

Practical Objection

A tangible or logistical concern voiced by a potential buyer regarding a product or service's functionality, cost, or applicability to their needs.

Delivery Schedules

Timetables established for the shipping of goods from the seller to the buyer.

Trial Close

A technique in sales where the seller asks the prospect a question or series of questions to gauge the prospect's readiness to buy.

Executive Jet

A small, private aircraft used by corporations or individuals for business travel, offering speed, luxury, and convenience.