Question

Which one of the following statements is correct in relation to evidence-gathering in an e-commerce environment?
A. It is not necessary to evaluate controls in an e-commerce environment.
B. The auditor is not likely to use computer-aided audit techniques in an e-commerce environment.
C. The need for computer-aided audit techniques is likely to increase in line with the level of integration of e-commerce systems.
D. The auditor will have to undertake increased substantive testing because of a lack of controls in an e-commerce environment

Answer 1

Option C

"The need for computer-aided audit techniques is likely to increase in line with the level of integration of e-commerce systems." Is the correct answer

 

Explanation:

An E-Commerce Environment is the most advanced technologically developed environment and without computer aided knowledge we cant audit an e-commerce environment. Therefore, for gathering audit evidence in an e-commerce environment need of computer aided audit techniques is likely to increase in line with the level of integration of e-commerce systems.

So, option C is the correct answer.

 

Reason for Incorrect answers:

Option A : Because evaluation of control system is very important in an e-commerce systems.

 

Option B : Because every e-commerce system are ruined by computers and electronic appliances. so, computer aided technique is must.

 

Option D : Because most of the e-commerce facilities are highly controlled and there is no need of increased sustentive test controls.

The option (c) is right option.