An internal audit manager is explaining to a newly hired staff auditor the various analytics techniques frequently used by the internal audit activity Which of the following statements is true regarding these analytics techniques?

• A.Process mining is a type of data analysts where the data subject is a process
• B.Data mining involves examining small amounts of structured data in a systematic manner
• C.Process analysis is a type of data mining where the data subject is a designated area of a process
• D.Data mining is a type of data analysis that focuses on finding statistical relationships in order to create profiles

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An organization has a complex systems infrastructure consisting of multiple internally developed, off the shelf, and purchased but significantly customized applications. Some of these applications share databases or process data that is used by another stand-alone application, and interfaces have been written to move data between these applications as needed through batch processing Which of the following situations presents the greatest risk exposure given this environment?

• A.Documentation of each system and its interactions, interfaces, and dependencies with other systems and databases is not gathered and maintained.
• B.The job scheduling tool frequently malfunctions, causing scheduled jobs not to run. An error message is sent to IT personnel when a job fails.
• C.The implementation of a major update for a key application is delayed until any potential interdependencies are identified and analyzed.
• D.Batch processing jobs include key financial data that is not posted to the accounting system until the next day. preventing real-time queries.

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Which of the following characteristics is most important specifically for a global manager to possess in order to be successful?

• A.Emotional intelligence
• B.Understanding of uncertainty avoidance differences
• C.Cultural intelligence
• D.Knowledge of different languages.

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As it relates to the data analytics process, which of the following best describes the purpose of an internal auditor who cleaned and normalized data?

• A.The auditor ensured data fields were consistent and that data could be used for a specific purpose.
• B.The auditor organized data to minimize useless information.
• C.The auditor made data usable for a specific purpose by ensuring that anomalies were identified and corrected.
• D.The auditor eliminated duplicate information.

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Which mindset promotes the most comprehensive risk management strategy?

• A.Mitigate losses.
• B.Improve operational efficiency.
• C.Maximize market share.
• D.Increase shareholder value.

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