IIA Exam CPEA Topic 1 Question 85 Discussion

Actual exam question for IIA's CPEA exam

Question #: 85
Topic #: 1

[All CPEA Questions]

Most in-house audits should be conducted by:

AOutside third party consultants

BCustomer auditors

CCompany auditors from the audited departments

DIndependent company auditors

Show Suggested Answer

Suggested Answer: D

by Dorthy at Sep 13, 2024, 03:54 AM

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Willard

9 months ago

Haha, customer auditors? What is this, a reality TV show? I'm going with D!

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Nickolas

9 months ago

Hmm, I'm torn between C and D. Maybe the company auditors can do it, but independence is important too.

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Roy

9 months ago

True, independence is crucial for a thorough audit. Maybe D is the better choice.

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Reyes

9 months ago

But independent company auditors might provide a more unbiased perspective.

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Barrett

9 months ago

I think company auditors from the audited departments would have a better understanding of the processes.

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Fletcher

9 months ago

B, customer auditors? Really? That's just inviting trouble!

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Lemuel

8 months ago

D) Independent company auditors are a good choice for ensuring impartiality in audits.

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Gianna

9 months ago

C) Company auditors from the audited departments may not be the most objective choice.

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Lindsey

9 months ago

A) Outside third party consultants are usually the best option for in-house audits.

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Willis

10 months ago

I'd say D. Independent auditors can provide a more objective and unbiased assessment.

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Cristal

9 months ago

Outside third party consultants could bring valuable expertise to the audit process.

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Ammie

9 months ago

Customer auditors might have a biased view, so I would go with independent company auditors.

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Stephanie

9 months ago

I think it's important to have someone from outside the company to ensure transparency.

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Ilda

9 months ago

I agree, independent auditors can provide a fresh perspective.

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Fairy

10 months ago

C, of course! The audited departments know their own processes best.

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Martina

9 months ago

True, but they may also have a vested interest in the outcome.

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Candida

9 months ago

C) Company auditors from the audited departments

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Tula

9 months ago

But wouldn't independent auditors provide a more unbiased perspective?

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Ashton

10 months ago

D) Independent company auditors

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Olga

10 months ago

That makes sense, they would have the most knowledge about their own processes.

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Tony

10 months ago

C) Company auditors from the audited departments

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Olive

10 months ago

I see your point, Eden, but independent company auditors would provide unbiased opinions and fresh perspectives.

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Eden

11 months ago

I disagree, I believe company auditors from the audited departments would be more knowledgeable about the internal processes.

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Dana

11 months ago

I think most in-house audits should be conducted by outside third party consultants.

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