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Question 339 - IIA-CIA-Part2 discussion

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In order to obtain background information on an assigned audit of data center operations an internal auditor administers control questionnaires to select individuals who have primary responsibilities within the process. Which of the following is a drawback of this approach?

A.
It will be difficult to quantify the information obtained through this approach
Answers
A.
It will be difficult to quantify the information obtained through this approach
B.
This approach does not help the auditor learn about the existence of controls
Answers
B.
This approach does not help the auditor learn about the existence of controls
C.
It takes the auditor a long time to assess the relevant controls using this approach
Answers
C.
It takes the auditor a long time to assess the relevant controls using this approach
D.
Information on control functionality is limited
Answers
D.
Information on control functionality is limited
Suggested answer: D

Explanation:

Administering control questionnaires to individuals with primary responsibilities in the process can yield valuable information about processes and controls. However, one significant drawback is that the information gathered may be limited regarding the actual functionality of the controls. This approach relies on the respondents' knowledge and perceptions, which may not accurately reflect the effectiveness of the controls in practice. Moreover, respondents might not fully understand the auditor's intentions or may provide biased or incomplete information, thereby limiting the depth of insights into how controls function in real-world scenarios.

Reference: IIA Standard 2201: Planning Considerations IIA Practice Guide: Assessing the Adequacy of Risk Management Processes

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asked 18/09/2024
Ellee Chen
40 questions
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