IIA-CIA-PART2 · Question #46
Which of the following has the greatest effect on the efficiency of an audit?
The correct answer is B. The adequacy of preliminary survey information. The efficiency of an audit is greatly influenced by the adequacy of preliminary survey information. Thorough preliminary surveys help auditors understand the audit scope, identify potential issues early, and plan their work efficiently, thereby increasing overall audit…
Question
Which of the following has the greatest effect on the efficiency of an audit?
Options
- AThe complexity of deficiency findings.
- BThe adequacy of preliminary survey information.
- CThe organization and content of workpapers.
- DThe method and amount of supporting detail used for the audit report.
How the community answered
(46 responses)- A2% (1)
- B87% (40)
- C9% (4)
- D2% (1)
Explanation
The efficiency of an audit is greatly influenced by the adequacy of preliminary survey information. Thorough preliminary surveys help auditors understand the audit scope, identify potential issues early, and plan their work efficiently, thereby increasing overall audit efficiency.
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