Which audit approach is MOST helpful in optimizing the use of IS audit resources?
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A. B. C. D.A.
The audit approach that is MOST helpful in optimizing the use of IS audit resources is C) Risk-based auditing.
Risk-based auditing involves identifying and assessing the risks associated with an organization's information systems and using this information to determine which areas require the most attention from auditors. By focusing on areas of high risk, auditors can optimize their use of resources by prioritizing their efforts where they are most needed.
This approach helps auditors to ensure that their resources are focused on the areas that matter most and can deliver the greatest value to the organization. It also helps to ensure that the audit process is efficient and effective, as resources are directed towards areas that are most likely to be problematic.
Agile auditing is an approach that focuses on delivering audits in short, iterative cycles, which can be helpful in addressing rapidly changing technology environments. However, this approach may not be the most helpful in optimizing the use of IS audit resources, as it can require significant amounts of time and resources to complete each iteration.
Outsourced auditing involves engaging an external organization to conduct the audit. While this approach can be helpful in optimizing resources in some cases, it may not always be the best choice, as it can be difficult to ensure that the external auditor has the necessary knowledge and expertise to address the specific risks associated with an organization's information systems.
Continuous auditing involves monitoring an organization's information systems on an ongoing basis, rather than conducting periodic audits. While this approach can be useful in identifying and addressing risks in a timely manner, it can also require significant resources to maintain an effective continuous auditing program.
In summary, while each of these audit approaches has its own strengths and weaknesses, risk-based auditing is the most helpful in optimizing the use of IS audit resources, as it allows auditors to focus their efforts where they are most needed.