Which Tools Would an Auditor Engaged in Examining an Information

question 98

Multiple Choice

Which tools would an auditor engaged in examining an information system use in conducting the audit?

• A) Internal control questionnaires
• B) Compliance and specific transaction tests
• C) Internal control questionnaires and compliance and specific transaction tests
• D) None of these answers is correct.

---

Definitions:

Premium

The amount paid for an insurance policy, representing the cost to keep the policy active.

Death Benefit

A payout to the beneficiary of an insurance policy or pension plan upon the death of the insured individual or member.

Automobile Risk Assessment

The process of evaluating the potential risks associated with insuring a particular vehicle, considering factors like model, age, and driver history.

Automobile Insurance

A policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident.