IIA Exam IIA-CIA-Part3-3P Topic 13 Question 3 Discussion

Actual exam question for IIA's CIA Exam Part Three: Business Knowledge for Internal Auditing exam

Question #: 3
Topic #: 13

[All CIA Exam Part Three: Business Knowledge for Internal Auditing Questions]

An internal audit activity is piloting a data analytics model, which aims to identify anomalies in payments to vendors and potential fraud indicators Which of the following would be the most appropriate criteria for assessing the success of the piloted model?

AThe percentage of cases flagged by the model and confirmed as positives.

BThe development and maintenance costs associated with the model

CThe feedback of auditors involved with developing the model

DThe number of criminal investigations initiated based on the outcomes of the model

Show Suggested Answer

Suggested Answer: B

by Catarina at May 03, 2022, 11:57 PM

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