Question

Which of the steps associated with accessing and preparing data for audit data analytics (ADA) does the following statement relate? "When appropriate, the auditor should determine if the data set agrees with the general ledger".

1) Reliability of the data
2) Cleanliness of the data
3) Completeness of the data
4) Relevance of the data

Answer 1

The statement "When appropriate, the auditor should determine if the data set agrees with the general ledger" relates to the step of Reliability of the data in accessing and preparing data for audit data analytics (ADA).

Step-by-step explanation:

The step associated with the statement "When appropriate, the auditor should determine if the data set agrees with the general ledger" is Reliability of the data.

Reliability of the data refers to the accuracy and consistency of the data used for audit data analytics (ADA). In this case, the auditor is checking if the data set agrees with the general ledger, which is a key source of financial information for a company. By comparing the data set to the general ledger, the auditor can assess the reliability of the data and detect any inconsistencies.