IIA Exam IIA-CIA-Part1 Topic 8 Question 55 Discussion

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

Question #: 55
Topic #: 8

According to the IIA Code of Ethics, which of the following best describes the conduct of an internal auditor who demonstrates the principle of competency?

AThe auditor is prudent in the use and protection of information acquired in the course of his work.

BThe auditor does not accept anything that may impair or be presumed to impair his professional judgment.

CThe auditor does not perform services in a particular area when he lacks skills in that area.

DThe auditor performs work with honesty, diligence, and responsibility.

Show Suggested Answer

Suggested Answer: C

by Albina at Jul 09, 2024, 09:01 AM

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Lorita

7 months ago

D all the way! Honesty, diligence, and responsibility - the holy trinity of a good auditor.

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Bettina

7 months ago

Hmm, I'd say C is the way to go. Wouldn't want an accountant who can't count, would we?

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Thaddeus

7 months ago

I agree with An, C is the correct answer because competency is key in internal auditing.

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Franklyn

7 months ago

I'm going with B. An auditor must not accept anything that could compromise their professional judgment. Integrity is key.

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Glory

7 months ago

D is the correct answer. Performing work with honesty, diligence, and responsibility is the hallmark of a competent auditor.

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Tanja

5 months ago

D) The auditor performs work with honesty, diligence, and responsibility.

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Allene

5 months ago

C) The auditor does not perform services in a particular area when he lacks skills in that area.

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Avery

5 months ago

B) The auditor does not accept anything that may impair or be presumed to impair his professional judgment.

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Tashia

6 months ago

A) The auditor is prudent in the use and protection of information acquired in the course of his work.

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Paulina

6 months ago

C) The auditor does not perform services in a particular area when he lacks skills in that area.

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Hortencia

6 months ago

D) The auditor performs work with honesty, diligence, and responsibility.

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Lavera

6 months ago

C) The auditor does not perform services in a particular area when he lacks skills in that area.

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Isidra

6 months ago

B) The auditor does not accept anything that may impair or be presumed to impair his professional judgment.

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Emerson

6 months ago

B) The auditor does not accept anything that may impair or be presumed to impair his professional judgment.

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Janna

6 months ago

A) The auditor is prudent in the use and protection of information acquired in the course of his work.

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Ettie

7 months ago

A) The auditor is prudent in the use and protection of information acquired in the course of his work.

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An

7 months ago

But the Code of Ethics emphasizes the importance of competency, so C makes more sense.

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Vi

7 months ago

I disagree, I believe the answer is D.

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An

7 months ago

I think the answer is C.

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Ciara

8 months ago

I think the answer is C. An internal auditor should refrain from performing services in areas where they lack the necessary skills. That's the essence of competency.

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Benedict

6 months ago

Absolutely. It's better to admit when you don't have the expertise than to make mistakes that could harm the company.

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Raylene

7 months ago

That's true. It's important for internal auditors to be honest about their skills and not put the organization at risk.

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Lettie

7 months ago

Yes, you're right. Competency is about knowing your limits and not taking on tasks you're not qualified for.

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Theron

7 months ago

I think the answer is C. An internal auditor should refrain from performing services in areas where they lack the necessary skills. That's the essence of competency.

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