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Internal audit is conducting an audit of customer transaction risk. Which of the following would be the BEST reason to use data analytics? The audit
Internal audit is conducting an audit of customer transaction risk. Which of the following would be the BEST reason to use data analytics? The audit is being performed to comply with regulations requiring periodic random sample testing. Data analytics reduces the time needed to provide assurance of customer transaction risk The audit focus is on a small number of predefined high-risk transactions. Anomalies and risk trends in the data set have yet to be defined
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