IIA Exam IIA-CIA-Part1 Topic 10 Question 48 Discussion

Actual exam question for IIA's IIA-CIA-Part1 exam

Question #: 48
Topic #: 10

For a high-risk observation, which is the best approach to follow when management takes an aggressive, uncompromising position in opposition to the internal audit activity?

AThe parties should work together to develop a mutually beneficial solution.

BThe internal audit activity should share the observation with other business units to get their opinions.

CThe internal audit activity should discuss with senior management, and if still not resolved, discuss with the board.

DThe internal audit activity should accommodate management's position, since the relationship is more important than the fight.

Show Suggested Answer

Suggested Answer: A

by Hortencia at Apr 24, 2024, 10:27 PM

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Youlanda

4 days ago

I agree with C. Relationship is important, but it shouldn't come at the expense of addressing a high-risk issue. The audit activity has a responsibility to the organization.

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Lavina

6 days ago

I believe we should accommodate management's position to maintain a good relationship. It's better to avoid conflicts.

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Leonard

8 days ago

Option C is the best approach. Internal audit should follow the proper escalation process to ensure the issue is addressed properly, even if management is being uncompromising.

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Dick

8 days ago

I agree with Gail. It's important to address the issue with higher management to find a resolution.

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Gail

13 days ago

I think the best approach is to discuss with senior management and then escalate to the board if needed.

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