CIMAPRA17-BA3-1 Exam - Topic 1 Question 57 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam

Question #: 57
Topic #: 1

An internal audit is an independent appraisal function established within an organization to examine and evaluate its activities as a service to the organization

Which of the following appoints the internal auditor?

AThe Board

BFinance director

CShareholders

DInternal audit manger

Show Suggested Answer

Suggested Answer: D

by Vi at Aug 24, 2022, 09:11 PM

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Maryln

5 months ago

I thought it was the internal audit manager. Interesting!

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Shanice

5 months ago

Totally agree, it’s the Board! They oversee everything.

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Rozella

6 months ago

Wait, shareholders can appoint auditors? That seems off.

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Dorethea

6 months ago

Definitely the Finance Director! They handle all the money stuff.

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Kris

6 months ago

The internal auditor is usually appointed by the Board.

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Mozell

6 months ago

I keep mixing up the roles, but I think the internal audit manager wouldn't appoint themselves, right? That seems off.

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Isabelle

6 months ago

I feel like shareholders might have a say, but it’s probably not their direct responsibility to appoint the internal auditor.

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Susana

6 months ago

I remember a practice question where the finance director was mentioned, but that seems less likely for this role.

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Juliann

6 months ago

I think the internal auditor is usually appointed by the Board, but I'm not entirely sure.

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Rene

6 months ago

I think the key is finding a solution that can scale without requiring a complete hardware overhaul. Thin provisioning and Intellicache seem like the safest bets to meet the requirements.

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Merissa

6 months ago

Cases could work, but I'm not sure that's the best fit for providing access to SLAs. I'm leaning more towards Service Contracts.

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Ashleigh

7 months ago

I'm a bit confused; I remember something about how you can create a new block to correct errors, but that doesn't change the original record.

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