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IIA-CRMA Exam - 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

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Luisa
4 months ago
Isn't it odd to rely on last year's external audit? Feels outdated.
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Lyla
4 months ago
I agree with 1 and 2, those reports are super important!
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Octavio
4 months ago
Wait, how is reviewing a memo considered a macro-level activity?
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Raymon
4 months ago
I think 2 and 4 make more sense for assurance.
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Luke
5 months ago
Definitely 1 and 2, those are key activities!
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German
5 months ago
I’m a bit confused about the relevance of the memo from the purchasing manager; it seems more operational than macro-level, so I’m leaning towards option A as well.
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Dominque
5 months ago
I practiced a similar question where we had to identify key activities, and I think obtaining previous audit reports is crucial, which points to option A.
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Yolande
5 months ago
I'm not entirely sure, but I feel like meeting with the quality assurance group is important, so maybe it's option C?
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Darrel
5 months ago
I remember that macro-level activities often involve reviewing past reports, so I think options 1 and 2 might be correct.
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Albina
5 months ago
I'm a little confused by the wording of the question. I'll need to re-read the options carefully to make sure I understand what each one is asking for.
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Ling
5 months ago
I've got a good feeling about this one. The key is to identify the activities that provide a high-level overview of the purchasing department, rather than diving into the details.
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Izetta
5 months ago
Okay, let's think this through step-by-step. The question is asking about macro-level audit activities, so I need to identify the options that are broader in scope rather than focused on a specific task or finding.
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Luther
5 months ago
Hmm, I'm a bit unsure about this one. The question is asking about specific audit activities, so I'll need to carefully read through each option to see which ones match the guidance.
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Devorah
5 months ago
This question seems straightforward. I'll focus on the key words like "macro-level audit activities" and "assurance engagement" to determine the correct answer.
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Annamae
11 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.
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Ressie
10 months ago
Sueann: Let's hope there are no major issues uncovered in the purchasing department audit.
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Paris
10 months ago
User 3: I think Option C covers the macro-level audit activities recommended by the IIA guidance.
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Sueann
10 months ago
User 2: Definitely, meeting with the quality assurance group and reviewing an external audit report sounds thorough.
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Ciara
10 months ago
User 1: I agree, external audit reports can be revealing. Option C seems like a good choice.
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Johnetta
11 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!
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Zona
11 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.
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Carey
10 months ago
I agree, that could provide valuable information for the audit.
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Oretha
10 months ago
I think option B makes sense. It's important to review the memo from the purchasing manager.
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Leota
11 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.
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Viva
10 months ago
User 4: It's crucial to have a comprehensive approach when auditing the purchasing department.
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Son
10 months ago
User 3: Definitely, those are macro-level audit activities for assurance engagements.
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Joanna
10 months ago
User 2: I agree, reviewing past audit reports and discussing findings with quality assurance are important.
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Sheron
10 months ago
User 1: I think option A is the correct answer.
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Dong
12 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.
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Kathrine
12 months ago
I agree with Curt, because obtaining and reviewing audit reports and meeting with the quality assurance group are macro-level activities.
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Curt
12 months ago
I think the answer is A) 1 and 2.
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