How do data analysis technologies affect internal audit testing?
A) They improve the effectiveness of spot check testing techniques.
B) They allow greater insight into high risk areas.
C) They reduce the overall scope of the audit engagement.
D) They increase the internal auditor's objectivity.

Question

Quizplus · Accepted Answer

Data analysis technologies allow auditors to analyze large datasets, providing greater insight into high-risk areas by identifying patterns, anomalies, and trends that may not be visible through traditional audit methods.

How Do Data Analysis Technologies Affect Internal Audit Testing