CIMA Exam CIMAPRA19-P03-1 Topic 3 Question 58 Discussion

Actual exam question for CIMA's CIMAPRA19-P03-1 exam

Question #: 58
Topic #: 3

[All CIMAPRA19-P03-1 Questions]

Which of the following are objectives of the audit planning procedure?

ATo work out the time and resources required for the audit.

BTo perform substantive tests.

CTo work out how audit evidence will be obtained.

DTo perform analytical review to identify possible areas for investigation.

ETo set out how audit objectives will be achieved.

Show Suggested Answer

Suggested Answer: A, B, D

by Lacey at Sep 14, 2024, 02:47 AM

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Daron

3 months ago

Hmm, this one's a toughie. I think I'm gonna go with A, C, and E. Gotta make sure we've got the plan all figured out before we dive in, you know? Though, I do have to wonder, is there a 'None of the Above' option just to keep us on our toes?

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Ashley

3 months ago

Laquita: Exactly, setting out how we'll achieve our objectives is key.

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Laquita

3 months ago

User 2: Definitely, we need to make sure we have the time, resources, and strategy in place.

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Lyndia

3 months ago

User 1: I agree, A, C, and E are important for planning the audit.

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Dianne

4 months ago

You know, I was just thinking about how much I love audit planning. It's like a treasure hunt, but with spreadsheets instead of maps! Anyway, I'd go with A, C, and E. Can't forget the good old time and resource allocation.

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Yolando

3 months ago

Setting out how audit objectives will be achieved is also important to stay on track.

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Ena

3 months ago

Yeah, figuring out the time and resources needed is crucial for a successful audit.

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Janae

3 months ago

I agree, A, C, and E are definitely key objectives in audit planning.

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Casie

4 months ago

Wait, hold up, what about D? Analytical review is a crucial part of audit planning too, right? Gotta cover all the bases here, folks.

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Antonio

4 months ago

Hmmm, A, C, and E seem like the obvious choices here. Audit planning is all about mapping out the resources, evidence, and objectives, isn't it? Gotta love a good multiple-choice question!

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