ITPEC IP April 2025 Question 65
ITPEC IP April 2025 — Question 65 of 100
Verify that transactions are processed without impropriety or error through their aggregation into financial reports — this is the accounting-audit objective.
An accounting audit examines whether financial transactions and their recording, classification, aggregation, and reporting support reliable financial statements. It focuses on material error or fraud in the accounting information and the evidence behind the reports.
Answer (d)
Why not others:
- (a) concerns IT governance and system auditing
- (b) concerns an information security audit
- (c) concerns the rationality and efficiency of organizational operations, characteristic of an operational audit
Key rule: Accounting audits focus on financial records and reports; system, security, and operational audits evaluate different objects and objectives.
AI-generated — may contain errors
The original exam layout is preserved in the image so diagrams, formulas, tables, and code remain accurate.
This question comes from an official ITPEC past paper. ITPEC Practice is an independent study tool and is not affiliated with ITPEC. See the official IP past-paper collection or Report an issue.