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Exam IIA-CIA-Part3 topic 2 question 313 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 313
Topic #: 2
[All IIA-CIA-Part3 Questions]

Which of the following best describes a potential benefit of using data analytics?

  • A. It easily aligns with existing internal audit competencies to reduce expenses.
  • B. It provides a more holistic view of the audited area.
  • C. Its outcomes can be easily interpreted into audit conclusions.
  • D. Its application increases internal auditors' adherence to the Standards.
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Suggested Answer: B 🗳️
by KonradK at Jan. 24, 2024, 1:16 p.m.

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emtofid
3 weeks, 5 days ago
Selected Answer: B
Data analytics allows internal auditors to analyze large volumes of data efficiently, identify patterns, trends, and anomalies, and gain a comprehensive understanding of the audited area. This results in a more holistic and data-driven audit approach, enhancing risk assessments and decision-making.
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KonradK
7 months, 2 weeks ago
Innit C instead of B?
upvoted 1 times
Elvin
6 months ago
I think it is still not that easy to interpret.
upvoted 1 times
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