CIMA Exam CIMAPRA19-P03-1 Topic 3 Question 58 Discussion

Actual exam question for CIMA's CIMAPRA19-P03-1 exam

Question #: 58
Topic #: 3

[All CIMAPRA19-P03-1 Questions]

Which of the following are objectives of the audit planning procedure?

ATo work out the time and resources required for the audit.

BTo perform substantive tests.

CTo work out how audit evidence will be obtained.

DTo perform analytical review to identify possible areas for investigation.

ETo set out how audit objectives will be achieved.

Show Suggested Answer

Suggested Answer: A, B, D

by Lacey at Sep 14, 2024, 02:47 AM

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Antonio

4 days ago

Hmmm, A, C, and E seem like the obvious choices here. Audit planning is all about mapping out the resources, evidence, and objectives, isn't it? Gotta love a good multiple-choice question!

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Rebbeca

5 days ago

I believe performing analytical review to identify areas for investigation is also a key objective.

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Jamey

7 days ago

I agree with Gerry. It's important to plan how audit evidence will be obtained as well.

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Gerry

9 days ago

I think the objectives of audit planning include working out time and resources needed.

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