Which of the following is the first step an internal audit activity should undertake when executing a data analytics process’?

Which of the following is the first step an internal audit activity should undertake when executing a data analytics process’?
A . Conduct a risk assessment regarding the effectiveness of the data analytics process.
B . Analyze possible and available sources of raw data
C . Define the purpose and the anticipated value
D . Select data for cleaning and normalization procedures.

View Answer

Answer: B