Question

Common IT techniques that are needed to implement continuous auditing include:

A. Database management systems
B. Computer-assisted audit techniques (CAATs)
C. Data warehouses
D. All of the choices are correct

Answer 1

The common IT techniques needed to implement continuous auditing include database management systems, computer-assisted audit techniques (CAATs), and data warehouses.

Step-by-step explanation:

The common IT techniques needed to implement continuous auditing include:

Database management systems: These systems enable organizations to store, manage, and analyze large amounts of data. In the context of continuous auditing, database management systems are critical for accessing and processing relevant audit data.

Computer-assisted audit techniques (CAATs): CAATs are software tools that auditors use to automate various audit processes, including data analysis and sampling. They help auditors perform efficient and effective audits.

Data warehouses: Data warehouses are centralized repositories of data from various sources. They help auditors consolidate and analyze data from different systems, improving the quality and completeness of the audit process.

Therefore, the correct answer is D. All of the choices are correct.