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IIA-CIA-PART2 · Question #212

An internal auditor wants to compare performance information from one quarter to another. Which analytics procedure would the auditor use?

The correct answer is B. Trend analysis. Trend analysis is the analytics procedure that an internal auditor would use to compare performance information from one quarter to another. This technique involves analyzing data over a specific period to identify patterns, trends, and changes in performance metrics. Trend…

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Question

An internal auditor wants to compare performance information from one quarter to another. Which analytics procedure would the auditor use?

Options

  • ARatio analysis
  • BTrend analysis
  • CVertical analysis
  • DBenchmarking analysis

How the community answered

(34 responses)
  • A
    6% (2)
  • B
    91% (31)
  • C
    3% (1)

Explanation

Trend analysis is the analytics procedure that an internal auditor would use to compare performance information from one quarter to another. This technique involves analyzing data over a specific period to identify patterns, trends, and changes in performance metrics. Trend analysis helps auditors understand the direction of key performance indicators and assess whether performance is improving, declining, or remaining stable.

Topics

#trend analysis#analytical procedures#performance comparison#data analytics

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