In which two situations is field-level auditing appropriate? (Choose Two)

Field-level auditing is appropriate in circumstances where it is vital to track specific changes made to data fields, providing a clear history of modifications for compliance, security, or operational reasons.

In the case of adjusting insurance coverage levels, field-level auditing is essential because changes in coverage directly impact the terms of a policy and can affect premiums and claims. This requires a detailed record of what changes were made, when, and by whom, to ensure accountability and accurate reflection of the policy status.

Similarly, when maintaining a history of loan amounts, field-level auditing serves to document every change to the loan terms, which is crucial for risk management and financial reporting. Keeping a precise history of loan amounts allows financial institutions to assess performance, adjust lending strategies, and manage compliance with regulations.

Thus, the selection of these situations underscores the importance of precise tracking in fields that are subject to significant scrutiny and impact on decision-making processes.