The goal of RBA to auditing is to apply audit efforts to areas in proportion to their likelihood to
A) reduce exposures in areas of high risk.
B) reduce the exposure and occurrences of fraud.
C) significantly impact the auditor's overall audit conclusions.
D) All of the above are goals of RBA.

Question

Quizplus · Accepted Answer

The goal of Risk-Based Auditing (RBA) is to focus audit efforts on areas that are most likely to significantly impact the auditor's overall audit conclusions, ensuring that resources are allocated efficiently to address the most critical risks.

The Goal of RBA to Auditing Is to Apply Audit