IIA Exam IIA-CIA-Part2 Topic 9 Question 83 Discussion

Actual exam question for IIA's IIA-CIA-Part2 exam

Question #: 83
Topic #: 9

Upon concluding the engagement fieldwork an internal auditor discusses the audit findings with operational management There is a greater likelihood that the auditor will obtain a responsive action plan from management when both parties agree on which of the following attributes of the audit finding?

ACriteria

BCondition

CCause

DEffect

Show Suggested Answer

Suggested Answer: D

by Kanisha at Jul 18, 2024, 08:08 PM

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Chauncey

5 months ago

I'd have to say D) Effect. After all, if the finding doesn't have any real impact, why bother fixing it? Although, I do wonder if the auditor could just use their 'magic auditor powers' to determine the correct answer.

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Bernardo

5 months ago

Hmm, this is a tough one. I'm going to go with C) Cause, but I also think a little humor could lighten the mood. How about, 'If they can't agree on the cause, maybe they can just blame it on gremlins?'

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Brent

4 months ago

Haha, blaming gremlins could definitely make the discussion more interesting!

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Vonda

4 months ago

I went with B) Condition, identifying the current state is key to addressing the issue.

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Shonda

5 months ago

I picked D) Effect, understanding the impact is crucial for taking action.

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Eden

5 months ago

I chose A) Criteria, I think it's important to have a clear standard to measure against.

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Pansy

5 months ago

I think we should focus on criteria and condition, as they provide the basis for the audit findings.

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Nathan

5 months ago

I see your point, Sherman. Maybe both criteria and condition are important for a responsive action plan.

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Billi

5 months ago

I'm going with A) Criteria. Agreeing on the benchmark or standard used to evaluate the finding will help ensure a fair and objective assessment.

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German

5 months ago

I agree, but I believe C) Cause is also essential. Identifying the root cause of the issue can help prevent it from recurring in the future.

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Avery

5 months ago

I think B) Condition is important too. Understanding the current state or situation is crucial for developing an action plan.

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Sherman

5 months ago

But what about the condition? Don't we need to agree on that too for a successful action plan?

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Aja

6 months ago

B) Condition is the key here. We need to have a shared understanding of the current state before we can fix the problem.

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Shawnda

5 months ago

Agreed, without a clear understanding of the condition, it's difficult to move forward with resolving the audit finding.

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Juliana

5 months ago

Yes, understanding the current condition is crucial for developing an effective action plan.

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Kimberely

5 months ago

Condition is important for sure. It sets the baseline for addressing the issue.

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Pansy

6 months ago

I agree with Nathan, if we don't agree on the criteria, it will be hard to come up with a plan.

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Nathan

6 months ago

I think the key is for both parties to agree on the criteria.

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Ernest

6 months ago

D) Effect seems like the most important attribute to me. Knowing the impact of the finding is crucial for determining the appropriate corrective action.

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Chau

6 months ago

I think the correct answer is C) Cause. If the auditor and management agree on the root cause of the issue, they can work together to address it effectively.

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