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IIA Exam IIA-CGAP Topic 5 Question 91 Discussion

Actual exam question for IIA's IIA-CGAP exam
Question #: 91
Topic #: 5
[All IIA-CGAP Questions]

Which is the practice that an organization uses when the audit staff does not possess the needed skills, and management may temporally contract with a specialist to perform the needed function?

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Suggested Answer: B

by Micheal at Sep 13, 2024, 04:13 PM

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Carlota
9 days ago
I was thinking option D, Accountancy practice, because that's what the organization would typically rely on. But I guess Outsourcing makes more sense in this scenario.
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Caitlin
28 days ago
I'm not sure, but I think it could also be B) Fraud risk assessment practice. It's important to bring in specialists when needed.
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Ora
1 months ago
Option C, Outsourcing, seems like the obvious choice here. Why would the organization use their own staff if they don't have the required skills? Outsourcing makes perfect sense.
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Gilma
11 hours ago
Outsourcing allows the organization to bring in specialists to perform the needed function.
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Jeniffer
2 days ago
D) Accountancy practice
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Annamae
5 days ago
I agree, outsourcing is the best option when the audit staff lacks the necessary skills.
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Josefa
6 days ago
C) Outsourcing
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Barney
10 days ago
B) Fraud risk assessment practice
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Mendy
14 days ago
A) Control
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Lang
1 months ago
I agree with Lai. Outsourcing makes sense when the audit staff lacks the necessary skills.
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Lai
1 months ago
I think the answer is C) Outsourcing.
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a