IIA-CIA-PART2 · Question #110
An internal auditor is assigned to validate calculations on the organization's building application As pad of the test the internal auditor is required to use an automated audit tool to simulate…
The correct answer is A. Generalized audit software. Generalized audit software (GAS) is a type of automated audit tool commonly used by internal auditors to perform a wide range of audit tests, including the validation of calculations and the simulation of transactions. GAS allows auditors to analyze large volumes of data…
Question
An internal auditor is assigned to validate calculations on the organization's building application As pad of the test the internal auditor is required to use an automated audit tool to simulate transactions for testing. Which of the following would most appropriately be used for this purpose?
Options
- AGeneralized audit software.
- BUtility software
- Cintegrated test facilities
- DAudit expert systems
How the community answered
(36 responses)- A81% (29)
- B6% (2)
- C11% (4)
- D3% (1)
Explanation
Generalized audit software (GAS) is a type of automated audit tool commonly used by internal auditors to perform a wide range of audit tests, including the validation of calculations and the simulation of transactions. GAS allows auditors to analyze large volumes of data, perform complex calculations, and create simulations to test the accuracy and completeness of the transactions. This makes it the most appropriate tool for validating calculations in the organization's building application.
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