Comprehensive and Detailed In-Depth Explanation:
Data analytics in internal auditing provides quantitative, evidence-based insights, enhancing audit conclusions and decision-making.
Option B (Reduces report preparation time) - While efficiency is a benefit, the main advantage is improved accuracy and factual support.
Option C (Prevents overlooking risks) - While true, data analytics primarily strengthens evidence collection.
Option D (Monitoring controls) - Auditors assess controls, but data analytics enhances findings through data- driven validation.
Thus, Option A is correct, as data analytics strengthens audit conclusions with factual evidence.
Reference: IIA Audit Analytics Guide - Data-Driven Internal Auditing