alleryStart learning →Which technology processes large evidence volumes with very little error?
AArtificial intelligence
BManual ticking of ledgers
CPhysical vouching of bills
DPaper-based confirmations
Answer & Solution
Correct answer: A. Artificial intelligence
AI can handle very large quantities of data with minimal error, which improves evidence collection.
Keep practising Audit Evidence
Browse all Audit Evidence questions for CA Inter, or explore more Auditing topics.
Related questions
Along with US GAAS, the most commonly used external audit standards areWhy is a consultant auditor engaged by a firm?Which body sets internationally recognised standards for internal auditors?An integrated audit gives an opinion on the statements and also onVerifying cost accounts and records and checking adherence to cost accounting objectives iThough paid by the client, an external auditor is regarded asOn what does the opinion on financial statements depend?An audit seeks to provide only what level of assurance?