Identify the Three Strategies That Auditors Can Use During the Audit

question 55

Essay

Identify the three strategies that auditors can use during the audit to respond to risk.

---

Definitions:

Primary Data

Data collected directly for a specific research purpose, through surveys, interviews, experiments, etc.

Current Research Question

The primary inquiry guiding an ongoing research project or study.

Syndicated Research

Research conducted and funded by a market research firm but then sold on a multi-client basis.

Market Research

The process of gathering, analyzing, and interpreting information about a market, including information about potential customers and competitors.