"Auditing with the computer"
A) is only performed by external auditors.
B) involves activities related to compliance testing.
C) is only performed by internal auditors.
D) involves activities related to substantive testing of account balances.

Question

Quizplus · Accepted Answer

Auditing with the computer involves activities related to substantive testing of account balances, such as the use of computer-assisted audit techniques (CAATs) to validate data, test controls, and identify anomalies. This type of auditing can be performed by both internal and external auditors. Compliance testing, on the other hand, focuses on ensuring adherence to laws, regulations, and company policies.

"Auditing with the Computer