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Question 316 - IIA-CIA-Part1 discussion

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A fraud investigation was completed by management, and a proven fraud was communicated to relevant authorities. According to IIA guidance, which of the following roles would be most appropriate for the internal audit activity to undertake after the investigation?

A.
Plan employee sessions and team building strategies for the organization to improve awareness of fraud among employees
Answers
A.
Plan employee sessions and team building strategies for the organization to improve awareness of fraud among employees
B.
Review the investigation and implement any improvements to the process.
Answers
B.
Review the investigation and implement any improvements to the process.
C.
Conduct lessons learned sessions to ascertain how the fraud occurred and which controls failed.
Answers
C.
Conduct lessons learned sessions to ascertain how the fraud occurred and which controls failed.
D.
Determine why the fraud was not detected earlier and design controls to strengthen early detection.
Answers
D.
Determine why the fraud was not detected earlier and design controls to strengthen early detection.
Suggested answer: C
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asked 18/09/2024
Salvatore Buscio
28 questions
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