True or False: One of the advantages of CAATS software is that it can replace the auditor's judgment in specific areas of an audit.

Question

Quizplus · Accepted Answer

CAATS software cannot replace the auditor's judgment, as it is a tool that is used to assist the auditor in performing specific tasks during an audit. The auditor's professional judgment is still required to evaluate the results provided by the software and make decisions based on the overall evidence gathered.

True or False: One of the Advantages of CAATS Software