IIA Exam CPEA Topic 1 Question 72 Discussion

Actual exam question for IIA's CPEA exam

Question #: 72
Topic #: 1

[All CPEA Questions]

What party traditionally has the authority to initiate an audit?

AThe plant manager

BThe client

CThe lead auditor

DThe auditee

Show Suggested Answer

Suggested Answer: C

by Ciara at Mar 21, 2024, 06:00 AM

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Catalina

14 hours ago

The auditee is the one being audited, so they definitely don't have the authority to initiate it. That would be like a criminal deciding to audit the police!

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Nobuko

4 days ago

The lead auditor must have the authority to initiate an audit, otherwise how would they be able to do their job?

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Malinda

6 days ago

I agree with Aleshia. The lead auditor is in the best position to start the audit and ensure it is conducted properly.

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Keshia

8 days ago

I think the client has the authority to initiate an audit, as they typically want to ensure the auditee is meeting their requirements.

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Aleshia

12 days ago

I think it makes sense for the lead auditor to initiate an audit because they are responsible for overseeing the audit process.

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Garry

17 days ago

C) The lead auditor

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