AICPA CPA-Auditing Exam - Topic 1 Question 83 Discussion

Actual exam question for AICPA's CPA-Auditing exam

Question #: 83
Topic #: 1

The two requirements crucial to achieving audit efficiency and effectiveness with a microcomputer are selecting:

AThe appropriate audit tasks for microcomputer applications and the appropriate software to perform the selected audit tasks.

BThe appropriate software to perform the selected audit tasks and client data that can be accessed by the auditor's microcomputer.

CClient data that can be accessed by the auditor's microcomputer and audit procedures that are generally applicable to several clients in a specific industry.

DAudit procedures that are generally applicable to several clients in a specific industry and the appropriate audit tasks for microcomputer applications.

Show Suggested Answer

Suggested Answer: A

Choice 'a' is correct. In microcomputer audit applications, efficient and effective system usage requires:

(1) identification of the appropriate audit tasks and

(2) appropriate software to perform the selected audit tasks.

Choice 'b' is incorrect. Although microcomputer access to client data is desirable, it is not required.

Choice 'c' is incorrect. Although microcomputer access to client data is desirable, it is not required. Also, microcomputer audit applications need not be applicable to several clients to be efficient and effective.

Choice 'd' is incorrect. Microcomputer audit applications need not be applicable to several clients to be efficient and effective.

by Lashaunda at Mar 18, 2024, 12:01 PM

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Anissa

3 months ago

A is the standard approach for efficiency in audits.

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Percy

3 months ago

Wait, how can you be sure about D? Seems too broad.

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Lisbeth

3 months ago

C seems off, why would you limit to one industry?

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Serita

4 months ago

I think B makes more sense, access to client data is key!

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Jeanice

4 months ago

Definitely A, you need the right tasks and software.

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Joanna

4 months ago

I lean towards option D because it mentions audit procedures for multiple clients, which could enhance efficiency. But I need to double-check my notes on this.

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Denae

4 months ago

I feel like option C could be relevant too, especially if the audit procedures are tailored for specific industries. But I’m not confident about that.

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Britt

4 months ago

I remember a practice question that emphasized the importance of accessing client data. So, maybe option B is also a strong contender?

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Deandrea

5 months ago

I think option A makes the most sense since selecting the right tasks and software seems crucial for efficiency. But I'm not entirely sure.

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Sonia

5 months ago

The question is asking about the two most crucial requirements, so I need to focus on that. I think option A covers the key elements - selecting the right audit tasks and software. That seems like the best approach to ensure efficiency and effectiveness.

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Troy

5 months ago

This is a tricky one. I'm not entirely confident in my understanding of the requirements for audit efficiency and effectiveness with a microcomputer. I might have to make an educated guess on this one.

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Danica

5 months ago

Okay, I think I've got it. The key is selecting the appropriate audit tasks for microcomputer applications and the software to perform those tasks. That makes the most sense to me in terms of achieving efficiency and effectiveness. I'll go with option A.

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Fannie

5 months ago

Hmm, I'm a bit unsure about this one. The options seem to cover a lot of different factors, and I'm not sure which two are the most crucial. Maybe I should re-read the question and options carefully before deciding.

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Graciela

5 months ago

This seems like a straightforward question about the key requirements for achieving audit efficiency and effectiveness with a microcomputer. I think I'll go with option A - selecting the appropriate audit tasks and software.

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Selma

5 months ago

This question seems straightforward, but I want to make sure I understand all the potential issues that could arise from the group migration.

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Tamie

5 months ago

Option A sounds promising, but I'm not sure if using flex fields alone will be enough to display the data in the inbox task list. I'll need to double-check the requirements.

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