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Q11 One of the steps in the five step AICPA process to follow when planning, performing,...

Q11 One of the steps in the five step AICPA process to follow when planning, performing, and evaluating results from audit data analytics (ADA) is _______.

A. consider the relevance and reliability of the data used

B. prepare a suitable population and representative sample

C. pass the results to management for analysis and evaluation

D. consideration of internal control
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Answer #1
The five steps in AICPA process are:
Plan the ADA
Prepare the data for ADA
Consider the relevance and reliability of the data used
Execute the ADA
Evaluation of results
Option A is correct
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