Question:EquiBank is undergoing an external audit of its financial management system.

Comprehensive and Detailed In-Depth Explanation:

C. Correct Answer:

Data test techniques simulate transactions within financial software to verify logic, calculations, and programmed controls.

ISO 19011:2018 recognizes CAATs as audit tools that validate data processing integrity.

A. Incorrect:

Plotting and cartography software is used for geospatial analysis, not financial transaction testing.

B. Incorrect:

Utility software supports general IT functions but does not conduct audit simulations.

Relevant Standard Reference:

ISO 19011:2018 Clause 6.4.10 (Use of CAATs in Auditing)