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Acams Advanced-CAMS-Audit Exam - Topic 2 Question 34 Discussion

An organization creates a document for its audit committee listing the outstanding audit findings. The list has an executive management owner assigned to each finding, due dates for reporting management's responses and space for management to identity the actions to be taken. Which is a primary purpose of this document?
B) Tracking completion of proposed recommendations
A) Providing audit documentation of management responses
C) Documenting audit team validation testing
D) Testing resiliency of proposed recommendations Purpose of the Document: This document is a management tool to ensure accountability and monitor the progress of resolving outstanding audit findings. Audit Committee's Role: The document facilitates oversight by the audit committee, ensuring timely and effective resolution of recommendations. CAMS-Audit Recommendations: Proper tracking mechanisms are emphasized to align audit processes with institutional and regulatory expectations.

Acams Advanced-CAMS-Audit Exam - Topic 2 Question 34 Discussion

Actual exam question for Acams's Advanced-CAMS-Audit exam
Question #: 34
Topic #: 2
[All Advanced-CAMS-Audit Questions]

An organization creates a document for its audit committee listing the outstanding audit findings. The list has an executive management owner assigned to each finding, due dates for reporting management's responses and space for management to identity the actions to be taken. Which is a primary purpose of this document?

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Suggested Answer: B

by Rex at Jun 26, 2026, 05:46 PM

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Serina
4 days ago
Wait, can this really ensure timely resolutions?
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Laura
10 days ago
I think it's more about tracking completion of recommendations.
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Veta
15 days ago
Sounds like a solid way to keep everyone accountable!
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Anisha
20 days ago
I definitely recall that the document is meant to ensure oversight, which makes me think it’s more about tracking than just documenting responses.
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Brianne
25 days ago
I’m a bit confused; could it also be about providing audit documentation? That seems relevant too, but I lean towards B.
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Omega
1 month ago
I remember a similar question where we discussed the importance of accountability in audit findings. It feels like B is the right choice here.
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Alexis
1 month ago
I think the primary purpose is about tracking completion of proposed recommendations, but I'm not entirely sure.
upvoted 0 times
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