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IIA-CIA-PART3 · Question #224

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…

The correct answer is A. The percentage of cases flagged by the model and confirmed as positives. You've hit your session limit · resets 10:20pm (America/New_York)

Question

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?

Options

  • 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

How the community answered

(57 responses)
  • A
    82% (47)
  • B
    2% (1)
  • C
    11% (6)
  • D
    5% (3)

Explanation

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