What type of software facilitates the selection of sample data for audits?

The correct answer is generalized audit software because it is specifically designed to assist auditors in analyzing large volumes of data and selecting sample populations for audits. This type of software allows auditors to efficiently and accurately assess financial records, compliance, and operational effectiveness by providing tools to select, analyze, and report on sampled data. Generalized audit software can automate complex processes, increasing both the accuracy and efficiency of audits, which is essential for achieving reliable audit results.

Input devices, while they play a critical role in data entry, do not facilitate the analysis or sampling of data for auditing purposes. Hardware controls relate to physical devices and mechanisms that ensure data integrity but are not designed for data selection or analysis in an auditing context. Fuzzy logic systems, which deal with reasoning that is approximate rather than fixed and exact, are not typically used for audit sampling; their primary application is within artificial intelligence and decision-making systems rather than in the structured environment of audits.