IIA Exam IIA-ACCA Topic 5 Question 71 Discussion

Actual exam question for IIA's IIA-ACCA exam

Question #: 71
Topic #: 5

According to IIA guidance, which of the following roles would be appropriate for an internal auditor regarding fraud risk?

1. Identification.

2. Mitigation.

3. Remediation.

4. Reduction.

A1 only. |

B1 and 4 only.

C1, 3, and 4 only.

D1,2, 3, and 4.

Show Suggested Answer

Suggested Answer: B

by Ashlyn at Mar 07, 2024, 09:08 PM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

9 days ago

I'm not sure about that. I think the answer might be C) 1, 3, and 4 only. Remediation is also important in addressing fraud risk.

upvoted 0 times

...

11 days ago

I agree with Wilda. Internal auditors should be involved in both identification and reduction of fraud risk.

upvoted 0 times

...

14 days ago

I think the answer is B) 1 and 4 only.

upvoted 0 times

...