IIA Exam CPEA Topic 1 Question 88 Discussion

Actual exam question for IIA's CPEA exam

Question #: 88
Topic #: 1

[All CPEA Questions]

An extrinsic audit would normally focus on which of the following?

AYour company's suppliers

BAn internal compliance assessment

CAn assessment of your customers

DA company's internal quality system review

Show Suggested Answer

Suggested Answer: A

by Joye at Sep 18, 2024, 01:36 AM

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Lanie

4 months ago

I believe it could also be D) A company's internal quality system review, to ensure everything is in order.

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Ciara

4 months ago

Haha, option C is a wild guess. Why would an extrinsic audit focus on customers? That's more of an intrinsic audit, right?

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Rosamond

2 months ago

I think you're right, option C does seem like a strange choice for an extrinsic audit.

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Valentin

2 months ago

D) A company's internal quality system review

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Meaghan

3 months ago

B) An internal compliance assessment

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Latonia

3 months ago

A) Your company's suppliers

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Keneth

4 months ago

Option A seems reasonable too. Suppliers play a crucial role in the company's operations, so an extrinsic audit would likely include a review of their performance and processes.

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Carolynn

3 months ago

A) Your company's suppliers would definitely be a focus in an extrinsic audit.

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Valda

3 months ago

Definitely, it's important to ensure they are meeting the necessary standards.

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Chi

4 months ago

I agree, suppliers are a key part of the company's operations.

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Glory

4 months ago

I agree with Raylene, suppliers are crucial to assess in an audit.

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Raylene

4 months ago

I think an extrinsic audit would focus on A) Your company's suppliers.

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Edda

4 months ago

I think option D is the correct answer. An extrinsic audit would focus on the company's internal quality system review to ensure compliance and identify areas for improvement.

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