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How can IT be effectively utilized in the context of audits?
  • a)
    By eliminating the need for audits.
  • b)
    By increasing data collection and analysis.
  • c)
    By reducing the role of auditors.
  • d)
    By outsourcing audit functions.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
How can IT be effectively utilized in the context of audits?a)By elimi...
IT can be effectively utilized in the context of audits by increasing data collection and analysis. It helps auditors access and analyze large volumes of data efficiently, enhancing the audit process's effectiveness and accuracy.
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How can IT be effectively utilized in the context of audits?a)By eliminating the need for audits.b)By increasing data collection and analysis.c)By reducing the role of auditors.d)By outsourcing audit functions.Correct answer is option 'B'. Can you explain this answer?
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