IIA Exam IIA-CIA-Part1 Topic 3 Question 27 Discussion

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

Question #: 27
Topic #: 3

Which of the following statements represents the most appropriate correlation between an organization's risk maturity and the internal audit activity's consulting role in risk management processes?

AWhen an organization has a high level of risk maturity the internal audit activity is less likely to provide consulting services related to risk management

BWhen an organization has a low level of risk maturity, the internal audit activity is less likely to provide consulting services related to risk management

CWhen an organization has a high level of risk maturity the internal audit activity is more likely to provide consulting services related to risk management

DThere is typically no correlation between an organization's risk maturity and the extent to which the internal audit activity's consulting role in risk management processes

Show Suggested Answer

Suggested Answer: A

by Lashawnda at Jan 11, 2023, 12:02 AM

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Hester

2 months ago

Haha, option D just sounds like a cop-out answer. 'No correlation?' Come on, there's gotta be some relationship between risk maturity and the internal audit role. This is a tricky one!

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Rebecka

22 days ago

Yeah, option D does seem like a bit of a cop-out. There has to be some correlation between risk maturity and the internal audit role.

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Garry

24 days ago

I agree, it seems logical that as an organization's risk maturity increases, the internal audit activity would provide more consulting services.

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Dorothea

1 months ago

I think option C makes the most sense. A high level of risk maturity would likely mean more consulting services from internal audit.

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Miss

2 months ago

I'm not sure I follow the logic behind option B. Why would a low-risk maturity organization need less consulting support from internal audit on risk management? Seems counterintuitive to me.

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Anissa

2 months ago

User 3: I agree with Anissa. It's possible that the level of risk maturity doesn't always dictate the extent of consulting services provided by internal audit.

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Lavina

2 months ago

User 2: I see your point, but I think option D could also be true. The correlation between risk maturity and internal audit consulting role may not always be straightforward.

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Bette

2 months ago

User 1: I think option C makes more sense. A high-risk maturity organization would need more consulting support from internal audit on risk management.

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Emelda

3 months ago

I agree with Brittni. When an organization has a high level of risk maturity, the internal audit team is better equipped to offer insightful guidance on risk management.

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Gianna

1 months ago

D) There is typically no correlation between an organization's risk maturity and the extent to which the internal audit activity's consulting role in risk management processes

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Delsie

1 months ago

I agree, having a high level of risk maturity definitely allows the internal audit team to offer better guidance on risk management.

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Fannie

1 months ago

C) When an organization has a high level of risk maturity the internal audit activity is more likely to provide consulting services related to risk management

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Markus

1 months ago

A) When an organization has a high level of risk maturity the internal audit activity is more likely to provide consulting services related to risk management

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Patria

2 months ago

D) There is typically no correlation between an organization's risk maturity and the extent to which the internal audit activity's consulting role in risk management processes

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Lenny

2 months ago

I agree, having a high level of risk maturity allows the internal audit team to offer valuable insights on risk management

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Keneth

2 months ago

C) When an organization has a high level of risk maturity the internal audit activity is more likely to provide consulting services related to risk management

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Thurman

3 months ago

A) When an organization has a high level of risk maturity the internal audit activity is more likely to provide consulting services related to risk management

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Melissa

3 months ago

But if the organization has high risk maturity, they would need more consulting services, right?

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Option C makes the most sense to me. As an organization's risk maturity increases, the internal audit team can provide more valuable consulting services to help them further improve their risk management processes.

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