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IIA Exam IIA-CIA-Part3-3P Topic 12 Question 49 Discussion

Actual exam question for IIA's IIA-CIA-Part3-3P exam
Question #: 49
Topic #: 12
[All IIA-CIA-Part3-3P Questions]

Which of the following is an example of internal auditors applying data mining techniques for exploratory purposes?

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Suggested Answer: B

by Loreta at Jul 16, 2024, 03:05 AM

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Mayra
7 months ago
Internal auditors performing reconciliation procedures? That's like a detective trying to balance the books - not exactly the most exciting use of data mining!
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Camellia
6 months ago
C) Internal auditors perform a risk assessment to identify potential audit subjects as input for the annual internal audit plan.
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Lonny
6 months ago
B) Internal auditors perform a systems-focused analysis to review relevant controls.
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Nu
6 months ago
A) Internal auditors perform reconciliation procedures to support an external audit of financial reporting.
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Lourdes
7 months ago
I agree with Alfreda, I also think the answer is B.
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Gearldine
7 months ago
I'm not sure, but I think it might be C.
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Bobbye
7 months ago
Data mining for exploratory purposes? Sounds like a job for Sherlock Holmes! I'd say C is the best answer here.
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Ozell
7 months ago
Option D seems more like a typical audit procedure rather than an example of data mining for exploratory purposes. I'll go with C.
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Linwood
7 months ago
I think option C is the correct answer here. Internal auditors perform risk assessment to identify potential audit subjects for the annual internal audit plan, which involves data mining techniques for exploratory purposes.
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Curt
6 months ago
I think we can eliminate options A and B and focus on C and D for applying data mining techniques in internal auditing.
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Kris
6 months ago
I'm not sure, but option A and B seem more focused on traditional audit procedures rather than data mining techniques.
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Belen
6 months ago
I think option D might also involve some data mining techniques, as testing IT general controls could require analyzing large amounts of data.
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Novella
6 months ago
I agree, option C seems like the best choice for applying data mining techniques for exploratory purposes.
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Wynell
7 months ago
I disagree, I believe the answer is D.
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Alfreda
7 months ago
I think the answer is B.
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