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Auditing Error: Incomplete Data Extraction Impact on Investment Portfolio Reporting
13.Which IPE Risk does the following scenario maps to?() The auditor asked the client to export all investment transaction records from January1, 20x9 to June 30, 20X9 from the IT system, but the client mistakenly entered June 30 as June3 when exporting. A. The data processed by the 1T application from which the IPE is produced is not complete or accurate. B.The data extracted from the IT application into the IPE is not the intended data or is not complete. C.The computations or categorizations performed in the creation of the IPE from the IT application are inaccurate. D.The data output from the IT application to the EUC tool is modified or lost in the transfer.

B. The data extracted from the IT application into the IPE is not the intended data or is not complete.