Which of the Following Is Not a Benefit of Emerging

question 47

Multiple Choice

Which of the following is not a benefit of emerging audit technologies?

• A)Automate much of the more tedious work that auditors perform.
• B)The potential to dramatically enhance the effectiveness and the value of the external audit.
• C)Leave more time for auditors to better understand the businesses they are auditing the underlying risks related to financial reporting.
• D)Remove the challenge of junior auditor work and make that work less interesting.

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Definitions:

Logistic Regression

A statistical analysis method used for prediction of a binary outcome, based on one or more predictor variables.

Odds Ratio

A measure of association between an exposure and an outcome, indicating the odds of an outcome occurring with an exposure compared to without.

Myopia

A common eye condition characterized by difficulty seeing distant objects clearly, typically correctable with glasses or contact lenses.

Binomial Probability

The probability of achieving a specific number of successes in a fixed number of independent trials, each with two possible outcomes.