Which of the following statements is true with regards the auditor's likelihood of relying on controls in electronic commerce environments?
A)The auditor is more likely to identify controls they can rely upon in a B2B electronic commerce environment than they are in a B2C electronic commerce environment.
B)The auditor is more likely to identify controls they can rely upon in a B2C electronic commerce environment than they are in a B2B electronic commerce environment.
C)The auditor equally likely to identify controls they can rely upon in a B2B electronic commerce environment as they are in a B2C electronic commerce environment.
D)The auditor is not likely to identify controls they can rely upon in either a B2B electronic commerce environment or a B2C electronic commerce environment.

Question

Quizplus · Accepted Answer

In a business-to-business (B2B) electronic commerce environment, there is typically a higher level of standardization and security between trading partners, which provides more opportunities for the auditor to identify and rely on relevant controls. In contrast, in a business-to-consumer (B2C) electronic commerce environment, there may be a higher level of uncertainty and variability in terms of the types of transactions, users, and systems involved, making it more challenging for the auditor to identify and rely on controls.

Which of the Following Statements Is True with Regards the Auditor's