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Exam CISA topic 1 question 436 discussion

Actual exam question from Isaca's CISA
Question #: 436
Topic #: 1
[All CISA Questions]

Which of the following demonstrates the use of data analytics for a loan origination process?

  • A. Evaluating whether loan records are included in the batch file and are validated by the servicing system.
  • B. Validating whether reconciliations between the two systems are performed and discrepancies are investigated.
  • C. Comparing a population of loans input in the origination system to loans booked on the servicing system.
  • D. Reviewing error handling controls to notify appropriate personnel in the event of a transmission failure.
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Suggested Answer: C 🗳️
by Changwha at July 19, 2023, 2:48 p.m.

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maxson69
1 month, 4 weeks ago
Selected Answer: C
This option demonstrates the use of data analytics by the following: - Analyzing entire data sets from two systems. - Comparing populations to identify missing, mismatched, or inconsistent records. - Leveraging automated techniques to evaluate data integrity across the loan origination process.
upvoted 1 times
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Slesh
12 months ago
C. involves using data analytics to ensure that the data processed by the loan origination system matches the data recorded in the servicing system.
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1899f17
1 year, 6 months ago
Can be done in option b as well
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Changwha
2 years ago
C. Comparing a population of loans input in the origination system to loans booked on the servicing system.
upvoted 3 times
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C (25%)
B (20%)
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