Last Updated on December 21, 2021 by InfraExam
Properly planned risk-based audit programs are often capable of offering which of the following benefits?
- audit efficiency and effectiveness.
- audit efficiency only.
- audit effectiveness only.
- audit transparency only.
- audit transparency and effectiveness.
- None of the choices.
Explanation:
Properly planned risk-based audit programs shall increase audit efficiency and effectiveness. The sophistication and formality of this kind of audit do vary a lot depending on the target’s size and complexity.
Properly planned risk-based audit programs shall increase audit efficiency and effectiveness. The sophistication and formality of this kind of audit do vary a lot depending on the target’s size and complexity.