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An engagement supervisor notes that an internal auditor usually documents and submits draft audit reports for review without giving the process owners the opportunity to state their position on the issues raised. How should the engagement supervisor respond?
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Question 429 - IIA-CIA-Part1 discussion

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During a review of the procurement function, an internal auditor identified an existing control for adding new vendors into the vendor contract system. Which of the following would best help the auditor determine the adequacy of the control's design?

A.
Flowchart of the vendor addition process.
Answers
A.
Flowchart of the vendor addition process.
B.
Independent confirmations sent to vendors.
Answers
B.
Independent confirmations sent to vendors.
C.
Analysis of the control's costs and benefits.
Answers
C.
Analysis of the control's costs and benefits.
D.
Interview with management of the procurement function.
Answers
D.
Interview with management of the procurement function.
Suggested answer: A
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asked 18/09/2024
Miguel Medina Parra
26 questions
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