IIA Exam IIA-CFSA Topic 1 Question 53 Discussion

Actual exam question for IIA's IIA-CFSA exam

Question #: 53
Topic #: 1

Faulty human judgments, misunderstanding of instructions, errors, management override, and collusion and cost/benefit considerations are the limitations of:

AReasonable Assurance

BInternal Control System

CRisk Management

DCompliance Control

Show Suggested Answer

Suggested Answer: D

by Claudio at May 29, 2024, 05:42 AM

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Howard

14 hours ago

Wow, this is a tricky one. I'm going to go with C. Risk Management. Those factors can definitely undermine risk management efforts.

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Sheridan

7 days ago

But what about risk management? Isn't that also affected by human errors?

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Ciara

9 days ago

I think the correct answer is B. Internal Control System. These are all common limitations of internal controls.

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Melissa

9 days ago

I agree with Lavonna, faulty human judgments can be a limitation of internal control.

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Lavonna

12 days ago

I think the answer is B) Internal Control System.

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