Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

IIA Exam IIA-CRMA Topic 5 Question 96 Discussion

Actual exam question for IIA's IIA-CRMA exam
Question #: 96
Topic #: 5
[All IIA-CRMA Questions]

According to IIA guidance, which of the following are macro-level audit activities performed for an assurance engagement of the purchasing department?

1. Obtain and review all purchasing-related audit reports issued within the past year.

2. Meet with the quality assurance group to discuss its previous reports of any purchasing-related findings.

3. Review a memo written by the purchasing manager that outlines ongoing problems with the purchasing software.

4. Request a copy of the report from a purchasing audit conducted last year by an external service provider.

Show Suggested Answer Hide Answer
Suggested Answer: B

by Cristy at Jan 23, 2025, 09:03 AM

Limited Time Offer

25%

Off

Get Premium IIA-CRMA Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Annamae
2 months ago
C'mon, who doesn't love a good external audit report? Option C gets my vote. Although, I hope the auditors didn't find any skeletons in the purchasing closet.
upvoted 0 times
Ressie
1 months ago
Sueann: Let's hope there are no major issues uncovered in the purchasing department audit.
upvoted 0 times
...
Paris
1 months ago
User 3: I think Option C covers the macro-level audit activities recommended by the IIA guidance.
upvoted 0 times
...
Sueann
2 months ago
User 2: Definitely, meeting with the quality assurance group and reviewing an external audit report sounds thorough.
upvoted 0 times
...
Ciara
2 months ago
User 1: I agree, external audit reports can be revealing. Option C seems like a good choice.
upvoted 0 times
...
...
Johnetta
2 months ago
Haha, I bet the purchasing manager's memo is just a list of all the times the software crashed and caused chaos. Option B it is!
upvoted 0 times
...
Zona
3 months ago
I'm not sure about this one. It seems like option B might also be valid, as reviewing a memo from the purchasing manager could provide useful insights.
upvoted 0 times
Carey
1 months ago
I agree, that could provide valuable information for the audit.
upvoted 0 times
...
Oretha
2 months ago
I think option B makes sense. It's important to review the memo from the purchasing manager.
upvoted 0 times
...
...
Leota
3 months ago
Option A seems like the correct answer. Reviewing past audit reports and discussing findings with quality assurance are standard macro-level audit activities.
upvoted 0 times
Viva
1 months ago
User 4: It's crucial to have a comprehensive approach when auditing the purchasing department.
upvoted 0 times
...
Son
1 months ago
User 3: Definitely, those are macro-level audit activities for assurance engagements.
upvoted 0 times
...
Joanna
2 months ago
User 2: I agree, reviewing past audit reports and discussing findings with quality assurance are important.
upvoted 0 times
...
Sheron
2 months ago
User 1: I think option A is the correct answer.
upvoted 0 times
...
...
Dong
3 months ago
I'm not sure, I think the answer might be B) 1 and 3 because reviewing a memo from the purchasing manager could also be a macro-level activity.
upvoted 0 times
...
Kathrine
3 months ago
I agree with Curt, because obtaining and reviewing audit reports and meeting with the quality assurance group are macro-level activities.
upvoted 0 times
...
Curt
3 months ago
I think the answer is A) 1 and 2.
upvoted 0 times
...

Save Cancel