Question
CAAT stands for
_________Solution
CAAT stands for Computer Assisted Audit Techniques. CAAT refers to the use of computer-based tools and techniques to assist auditors in performing various audit procedures and tasks. These techniques involve the use of specialized software and data analysis tools to automate data extraction, verification, analysis, and reporting during the audit process. CAATs can enhance audit efficiency, improve accuracy, and provide auditors with deeper insights into the client's financial data and systems.
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