Identify the element for which the test data approach will provide assurance.

Question

1. Please explain how to Evaluate the Data Reliability When Developing Expectations. The data an auditor will use to develop expectations in the acquisition and payment cycle has been deemed reliable by the audit staff. 2. Please Discuss the likely factors the audit team will consider when making this determination.

Answer 1

Question

Chapter 12, Problem 18.3MCQ

To determine

Identify the element for which the test data approach will provide assurance.

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