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Question 580 - IIA-CIA-Part1 discussion

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Which of the following would be an important aspect of an internal auditor's role in fraud management?

A.
Utilizing analytical techniques to actively discover instances of potential fraud
Answers
A.
Utilizing analytical techniques to actively discover instances of potential fraud
B.
Conducting fraud based audits to ensure that fraud will be detected during engagements
Answers
B.
Conducting fraud based audits to ensure that fraud will be detected during engagements
C.
Implementing fraud prevention controls to minimize and mitigate the risk of fraud
Answers
C.
Implementing fraud prevention controls to minimize and mitigate the risk of fraud
D.
Reporting instances of fraud discovered during engagements to regulatory bodies
Answers
D.
Reporting instances of fraud discovered during engagements to regulatory bodies
Suggested answer: A
asked 18/09/2024
Phil Horikawa
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