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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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Kenny
3 days ago
D seems off too. It's not about testing resiliency.
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Ma
8 days ago
Right! This document is about management's actions, not just testing.
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Emelda
14 days ago
I feel like C is less relevant here. Validation testing is a different focus.
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Roxanne
19 days ago
True, but without tracking, nothing gets done. B is definitely key.
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Fausto
24 days ago
A could also be valid. Providing audit documentation is important too.
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Cecil
29 days ago
Agreed! It keeps everyone accountable.
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Willodean
1 month ago
I think the main purpose is B. Tracking completion of proposed recommendations.
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Alishia
1 month ago
Isn't this just a fancy way to document responses?
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Lon
1 month ago
Definitely a management tool for accountability!
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Serina
2 months ago
Wait, can this really ensure timely resolutions?
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Laura
2 months ago
I think it's more about tracking completion of recommendations.
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Veta
2 months ago
Sounds like a solid way to keep everyone accountable!
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Anisha
2 months 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
2 months 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
3 months 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
3 months ago
I think the primary purpose is about tracking completion of proposed recommendations, but I'm not entirely sure.
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