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IIA Exam IIA-CIA-Part1 Topic 2 Question 67 Discussion

Actual exam question for IIA's IIA-CIA-Part1 exam
Question #: 67
Topic #: 2
[All IIA-CIA-Part1 Questions]

According to IIA guidance, which of the following is an appropriate role for the internal audit activity?

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Suggested Answer: A

The IIA's guidelines suggest that internal audit may provide support by coaching management on risk responses, but it should not take on management's responsibilities, such as implementing risk responses or setting the risk appetite, as this would impair objectivity.


by Caren at Dec 10, 2024, 08:45 PM

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Dana
2 months ago
A) Coaching management in responding to risks. Yup, that's the one. Internal audit should be a trusted advisor, not a risk overlord.
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Celeste
15 days ago
A) Coaching management in responding to risks. Exactly, internal audit should provide guidance and support to management.
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Simona
17 days ago
B) Implementing risk responses on management's behalf. No, that's not the appropriate role for internal audit.
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Kimberely
26 days ago
A) Coaching management in responding to risks. Yup, that's the one. Internal audit should be a trusted advisor, not a risk overlord.
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Felice
2 months ago
D) Setting the risk appetite. Hmm, I don't think that's the internal audit's role. That's more of a board-level decision, isn't it?
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Kanisha
24 days ago
C) Imposing risk management processes.
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Ronny
1 months ago
B) Implementing risk responses on management's behalf.
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Anglea
1 months ago
A) Coaching management in responding to risks.
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Delmy
2 months ago
I disagree with Blair, I think the correct answer is D) Setting the risk appetite, as internal audit should help define the organization's risk tolerance.
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Blair
2 months ago
I believe the answer is C) Imposing risk management processes, as internal audit should ensure compliance with established processes.
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Albina
2 months ago
C) Imposing risk management processes. Haha, good one! Internal audit shouldn't be the 'risk police', they're here to help, not boss everyone around.
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Adrianna
2 months ago
I agree with Daryl, because internal audit should provide guidance and support to management.
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Daryl
2 months ago
I think the answer is A) Coaching management in responding to risks.
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Ellsworth
2 months ago
B) Implementing risk responses on management's behalf. No way, that's management's job. Internal audit needs to stay objective and independent.
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Jeff
2 months ago
B) Implementing risk responses on management's behalf. No way, that's management's job. Internal audit needs to stay objective and independent.
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Tasia
2 months ago
A) Coaching management in responding to risks.
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Evangelina
2 months ago
A) Coaching management in responding to risks. Sounds like the right approach to me! Internal audit should be a partner, not a dictator.
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Ria
2 months ago
D) Setting the risk appetite. I don't think internal audit should be responsible for that. It's more of a management decision.
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Bernardine
2 months ago
A) Coaching management in responding to risks. I agree, internal audit should support and advise, not take control.
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Helga
2 months ago
B) Implementing risk responses on management's behalf. That doesn't seem right. Internal audit should provide guidance, not take over.
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Quentin
2 months ago
A) Coaching management in responding to risks. Sounds like the right approach to me! Internal audit should be a partner, not a dictator.
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