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IIA CPEA Exam - Topic 1 Question 78 Discussion

Actual exam question for IIA's CPEA exam
Question #: 78
Topic #: 1
[All CPEA Questions]

An independent auditor might consider the procedures performed by the internal auditors because:

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Suggested Answer: B

by Val at May 28, 2024, 03:58 PM

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Whitney
5 months ago
A is a bit off, they’re not just employees to review.
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Brett
5 months ago
C makes sense too, but I lean towards B.
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Kris
5 months ago
Wait, can we really trust internal auditors? Seems risky.
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Willard
6 months ago
Totally agree with B! Their work is crucial for the audit.
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Trevor
6 months ago
I think B is the right choice. Internal auditors can be pretty reliable.
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Dante
6 months ago
I remember we talked about how the procedures of internal auditors can impact the overall audit strategy, so I wonder if option A could also be a possibility?
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Claribel
6 months ago
I vaguely recall something about the independence of internal auditors affecting their work, which might relate to option D. But I'm not completely confident.
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Tricia
6 months ago
I'm not entirely sure, but I feel like the cost/benefit aspect mentioned in option C could be relevant too. We had a practice question about that.
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Darrin
7 months ago
I think the internal auditors' work might be relied upon, so maybe option B is correct? I remember discussing that in class.
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Alethea
7 months ago
I'm a little confused by this question. The options seem to cover a range of considerations for the independent auditor, but I'm not sure I fully understand the nuances between them. I'll need to review my notes on the relationship between internal and external auditors to answer this confidently.
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Shantell
7 months ago
Okay, I think I've got this. The key is understanding how the independent auditor can potentially rely on the work of the internal auditors. Option B seems to capture that the best - the independent auditor can consider internal audit work that might be relied upon.
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Dorcas
7 months ago
Hmm, I'm a bit unsure about this one. The options seem to cover different aspects of the relationship between internal and external auditors. I'll need to think through each option carefully to determine the best answer.
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Elroy
7 months ago
This seems like a straightforward question about the role of internal auditors in the independent audit process. I'll need to carefully consider the key factors that an independent auditor might consider when evaluating the work of internal auditors.
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Ines
7 months ago
This question seems straightforward - the key is understanding the shift from org development to package development. I think the best option is to recommend scratch orgs, as they allow for more flexibility and automation.
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Sharmaine
7 months ago
I'm a little confused by the wording of this question. Can someone clarify what "charter files" and "files sync" mean in this context? I want to make sure I understand the options before answering.
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