IIA IIA-CIA-Part2 Practice Test 7

Question 1 / 40
Which of the following statements generally true regarding audit engagement planning?
The best source tor detailed process information is senior management
Audit objectives should be general and do not change.
Computer-assisted audit techniques are typically not useful during engagement planning
Internal auditors should prepare a dented audit program for testing controls
Comment (0)
Suggested answer: D
Explanation:
Preparing a detailed audit program is a critical component of engagement planning. This program outlines the specific procedures and tests that the internal auditor will perform to evaluate the effectiveness of controls. It ensures that the audit is conducted systematically and thoroughly, addressing all relevant risks and objectives. A detailed audit program provides a clear roadmap for the audit, helping to ensure that all necessary areas are covered and that the audit's objectives are achieved.
Reference:
The Institute of Internal Auditors (IIA) - Standards for the Professional Practice of Internal Auditing, Standard 2201 - Planning Considerations