IIA Exam IIA-CIA-Part1 Topic 2 Question 45 Discussion

Actual exam question for IIA's IIA-CIA-Part1 exam

Question #: 45
Topic #: 2

An internal auditor assessed that the risk of steel theft at a plant is high. In response, the plant's management introduced a number of controls, including fences around the facility, a metal detector at the entrance, and monthly steel inventory counts. If the controls operate as intended, which of the following outcomes would the internal auditor hope to see?

AThe inherent risk will be mitigated to a level lower than the residual risk.

BThe inherent risk will be reduced to an acceptable level.

CThe residual risk will be reduced to an acceptable level.

DThe residual risk will be eliminated

Show Suggested Answer

Suggested Answer: C

by Brandon at Mar 08, 2024, 04:56 AM

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Lenita

12 hours ago

I agree with Lynette. The controls are put in place to reduce the risk, not eliminate it completely.

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Lynette

1 days ago

I think the internal auditor would hope to see the residual risk reduced to an acceptable level.

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