The primary objective of risk-based auditing is to assess the:
A) Economy of controls.
B) Compliance with controls.
C) Adequacy of controls.
D) Efficiency of controls.

Name: The primary objective of risk-based auditing is to assess the: A) Economy of controls. B) Compliance with controls. C) Adequacy of controls. D) Efficiency of controls.
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Question

Quizplus · Accepted Answer

Risk-based auditing focuses on assessing the adequacy of controls to ensure they effectively mitigate identified risks.

The Primary Objective of Risk-Based Auditing Is to Assess The