Which of the Following Data Analytics Tools Might an Auditor

question 101

Multiple Choice

Which of the following data analytics tools might an auditor use to test the completeness assertion for sales?

• A)Analyze data to assess the proper operation of sales cutoff tests around year-end.
• B)Age accounts receivable.
• C)Use data visualization tools to evaluate disclosures about sales and profitability.
• D)All of the above.

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Definitions:

Virtually

In essence or effect, if not in fact or reality; used to imply something is so nearly true that for most purposes it can be considered true.

Interactive

Describes technology, media, or processes designed for active participation and engagement between users and the system.

Experience

The knowledge or practical wisdom gained from direct participation in events or activities.

Listening

The active process of receiving and understanding messages during communication, essential for effective interpersonal interactions and learning.