There Are Four Primary Phases of the IT Audit

question 57

Multiple Choice

There are four primary phases of the IT audit.Which of the following is not one of those phases?

• A)Planning
• B)Evidence audit
• C)Tests of controls
• D)Substantive tests

Calculate the required initial deposit to reach a financial goal within a specific time frame.

Determine the time needed for an investment to grow to a desired amount with given interest rates.

Analyze the sufficiency of ongoing investments to cover long-term financial obligations.

Reconcile checkbook balances with bank statements, accounting for outstanding transactions.

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Definitions:

Labradoodle

A hybrid dog breed created by crossing a Labrador Retriever with a Poodle, known for their friendly nature and hypoallergenic coats.

Queen Elizabeth

Refers to either Queen Elizabeth I of England, reigning from 1558-1603, known for the Elizabethan era, or Queen Elizabeth II, the current queen of the United Kingdom and other Commonwealth realms.

Yorkipoo

A mixed dog breed that results from breeding a Yorkshire Terrier with a Poodle, known for its small size and friendly disposition.

Labradoodle

A hybrid dog breed that results from the crossing of a Labrador Retriever and a Poodle, known for its friendly disposition and hypoallergenic coat.