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IIA Exam IIA-ACCA Topic 2 Question 75 Discussion

Actual exam question for IIA's IIA-ACCA exam
Question #: 75
Topic #: 2
[All IIA-ACCA Questions]

The most important reason to use risk assessment in audit planning is to:

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Suggested Answer: A

by Hassie at Apr 29, 2024, 04:19 PM

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Naomi
3 months ago
I don't know about you, but I'm more interested in the free donuts they serve during the audit than this boring risk assessment stuff.
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Rueben
1 months ago
D) Assist in developing audit programs.
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Percy
1 months ago
C) Enhance assurance provided to management.
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Marsha
2 months ago
A) Identify redundant controls.
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Maira
3 months ago
Redundant controls? Really? That's just a side benefit. Enhancing assurance is where it's at, folks.
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Demetra
2 months ago
D) Assist in developing audit programs.
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Shawnee
2 months ago
C) Enhance assurance provided to management.
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Jeanice
2 months ago
A) Identify redundant controls.
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Tresa
3 months ago
I believe it also helps in developing audit programs, so I would go with option D.
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Darrin
3 months ago
I agree with Harrison, having a strong risk assessment can definitely enhance assurance for management.
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Keneth
3 months ago
Developing relevant audit programs is crucial, so I'd go with option D. Risk assessment helps tailor the audit to the organization's needs.
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Diane
2 months ago
I think option C is also important as it enhances assurance for management.
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Sharika
3 months ago
I agree, option D is essential for creating effective audit programs.
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Harrison
3 months ago
I think the most important reason is to enhance assurance provided to management.
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Shelba
3 months ago
I believe it also assists in developing audit programs, so D) Assist in developing audit programs.
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Aracelis
3 months ago
Improving budgeting accuracy is important, but I believe enhancing assurance to management is the top priority here.
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Cordell
3 months ago
I think the most important reason is to enhance the assurance provided to management. That's the key purpose of risk assessment in audit planning.
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Dusti
3 months ago
I agree with Francene. It helps in ensuring that management receives the necessary assurance.
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Francene
4 months ago
I think the most important reason is to enhance assurance provided to management.
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