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How should an internal auditor approach preparing a detailed risk assessment during engagement planning?
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Question 370 - IIA-CIA-Part2 discussion

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During the preliminary survey of the procurement department, an internal auditor noted a major control weakness in the organization's ordering and receiving process. According to IIA guidance, which of the following is the most appropriate action the internal auditor should take?

A.
Issue a final report on the control weakness to senior management.
Answers
A.
Issue a final report on the control weakness to senior management.
B.
Bring the control weakness to the attention of the process owner for resolution.
Answers
B.
Bring the control weakness to the attention of the process owner for resolution.
C.
Note the control weakness for discussion during the exit meeting.
Answers
C.
Note the control weakness for discussion during the exit meeting.
D.
Carry out an investigation of the control weakness for disciplinary action.
Answers
D.
Carry out an investigation of the control weakness for disciplinary action.
Suggested answer: B
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asked 18/09/2024
Marcel Engelbrecht
44 questions
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