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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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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
5 days 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
10 days 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
15 days ago
I remember discussing how outsourcing can provide access to specialized skills, so B seems like a solid choice.
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