CAF-3 · Chapter 13 · Question 13 of 15
A Big Four audit firm decides to utilize blockchain technology to audit a client's highly complex supply chain transactions. How does this specific technology radically enhance the audit process?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) By creating immutable, verifiable records that establish absolute trust
Explanation
Blockchain enhances the audit process by creating immutable, independently verifiable records. This guarantees that transactions haven't been tampered with, drastically improving audit reliability and speed
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