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IIA Exam CPEA Topic 1 Question 94 Discussion

Actual exam question for IIA's CPEA exam
Question #: 94
Topic #: 1
[All CPEA Questions]

Your company has been advised that it will be the subject of a pre-award survey. You advise management to prepare for:

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Suggested Answer: D

Contribute your Thoughts:

Phil
8 days ago
You know what they say, 'the early bird catches the worm.' I'm voting for D - an announced audit. That way, we can make sure the worms are well-hidden.
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Kerry
9 days ago
Surprise audit? Sounds like a nightmare. I'll take the announced version, thanks. At least we can have the janitor sweep the floor beforehand.
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Trinidad
14 days ago
D all the way! An announced audit gives us time to get our ducks in a row. I'm not trying to hide any skeletons in the closet.
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German
20 days ago
C'mon, a third-party audit? That's just asking for trouble. I say we go with B - an internal audit we can control.
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Maile
27 days ago
Yes, we should be ready for that and ensure all our documentation is in order.
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Helaine
27 days ago
I think it might be an announced audit.
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Maile
30 days ago
We have to prepare for a pre-award survey.
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Aileen
1 months ago
A surprise audit? Really? I'd prefer a heads up, otherwise I'll be scrambling to clean up the closets.
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Donette
11 days ago
Let's make sure everything is in order for the upcoming audit, regardless of the type.
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Earnestine
13 days ago
I think we should expect a third party audit, that way we can plan ahead.
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Isabella
17 days ago
I agree, a surprise audit can be stressful. It's better to be prepared.
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