IIA Exam IIA-ACCA Topic 11 Question 96 Discussion

Actual exam question for IIA's IIA-ACCA exam

Question #: 96
Topic #: 11

An internal auditor is investigating a potential fraudulent activity. What is the first test the auditor should perform on the transaction data under scrutiny?

ADigital analysis for statistically unlikely occurrences that may indicate system tampering.

BVerification of the completeness and integrity of the obtained data.

CDetailed review of the data contents to strategize the best analytical techniques.

DCalculation of statistical parameters to identify outliers requiring further scrutiny.

Show Suggested Answer

Suggested Answer: B

by Jillian at Feb 11, 2025, 03:22 AM

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Nancey

3 days ago

D) Calculation of statistical parameters to identify outliers is a good approach, but I'd want to ensure the data is complete and accurate first.

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Nilsa

5 days ago

B) Verification of the completeness and integrity of the obtained data seems like the logical first step. Can't analyze what you don't have!

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Emerson

10 days ago

I agree with Sean, digital analysis can help detect system tampering.

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Sean

19 days ago

I think the auditor should perform digital analysis first.

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