ISACA Certified Artificial Intelligence Auditor (CAIA) — Question 35

An IS auditor has received all journal entries posted for the fiscal year. Which of the following is the BEST way to use AI to detect anomalies in the population?

Answer options

• A. Implement ad hoc monitoring of transactions.
• B. Apply predictive analysis to transactions.
• C. Define risk score criteria for transactions.
• D. Reconcile transactions to invoices processed.

Correct answer: C

Explanation

Defining risk score criteria for transactions allows for the identification of anomalies based on established thresholds, making it the most effective method. Ad hoc monitoring (A), predictive analysis (B), and reconciling transactions (D) may not provide the targeted approach needed for anomaly detection.