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CIMAPRA17-BA4-1 Exam - Topic 2 Question 127 Discussion

SuperSole eventually decides to outsource its internal audit.Which of the following are benefits it might experience from doing so?Select ALL that apply.
A) Flexibility to increase or reduce in size and B) Readily available expertise and C) Lower costs and D) More independent auditing process
E) Less time taken
F) Less risk of confidential information leaking

CIMAPRA17-BA4-1 Exam - Topic 2 Question 127 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 127
Topic #: 2
[All CIMAPRA17-BA4-1 Questions]

SuperSole eventually decides to outsource its internal audit.

Which of the following are benefits it might experience from doing so?

Select ALL that apply.

Show Suggested Answer Hide Answer
Suggested Answer: A, B, C, D

Contribute your Thoughts:

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Dorothy
10 hours ago
E) Less time taken is also a benefit.
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Isabelle
6 days ago
D) More independent auditing is crucial for trust.
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Mendy
11 days ago
C) Lower costs can help the budget.
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Melissa
16 days ago
B) Readily available expertise is a big plus too.
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Eladia
21 days ago
Definitely! A) Flexibility is key.
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Dorothy
26 days ago
I think outsourcing gives flexibility to adjust team size.
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Shawnda
1 month ago
A) Flexibility to increase or reduce in size is a huge plus!
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Tiara
1 month ago
Totally agree with D) More independent auditing process!
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Sharen
1 month ago
Not sure about F) Less risk of leaks, seems risky to me.
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Bonita
2 months ago
I think C) Lower costs is a big one too.
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Regenia
2 months ago
Definitely B) Readily available expertise!
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Junita
2 months ago
I think A and E could also be benefits, but I’m not confident about F. Isn’t there still a risk when sharing info with external parties?
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Justine
2 months ago
I feel like D is important too. An independent audit can help ensure objectivity, which is crucial for credibility.
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Terina
2 months ago
I'm not entirely sure about C. I think outsourcing can sometimes lead to lower costs, but it really depends on the provider.
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Vivan
2 months ago
I remember discussing how outsourcing can provide access to specialized skills, so B seems like a solid choice.
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