Inquiry Is a Valuable Technique During the Planning Phase of the Audit

question 26

Multiple Choice

Inquiry is a valuable technique during the planning phase of the audit because it

• A)involves the rechecking of controls to ensure that they are conducted accurately.
• B)is a type of audit evidence that provides a very high level of assurance.
• C)is conclusive evidence from an independent source.
• D)helps obtain information about how procedures and internal controls operate.

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Definitions:

Synced

Describes the process of ensuring information or data is the same across multiple devices or platforms, maintaining consistency.

Multiple Devices

The ability to use or synchronize an application or service across more than one device, such as smartphones, tablets, and computers.

Voting Options

Features within communication platforms or systems that allow participants to make choices or express preferences among a set of options, often used in decision-making processes.

RSS Feed

A digital syndication tool that provides updates on web content to both users and software in a consistent, readable format for computers.