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IIA Exam IIA-CIA-Part1 Topic 8 Question 56 Discussion

Actual exam question for IIA's IIA-CIA-Part1 exam
Question #: 56
Topic #: 8
[All IIA-CIA-Part1 Questions]

Which of the following best describes the role of internal control frameworks?

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Suggested Answer: B

by Viola at Jul 17, 2024, 03:35 PM

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Glory
12 months ago
You got that right, Micheal! I'm more of a 'break the rules and ask for forgiveness later' kind of person. But I guess organizations need some structure around internal controls.
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Kendra
11 months ago
D) They serve as a template for identifying standardized best practices in effective risk management across industries and countries.
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Una
11 months ago
You got that right, Micheal! I'm more of a 'break the rules and ask for forgiveness later' kind of person. But I guess organizations need some structure around internal controls.
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Melynda
11 months ago
B) They provide guidance related to internal control design and implementation to assist with the evaluation and benchmarking of business practices.
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Merlyn
11 months ago
A) They outline specific internal controls for an organization to implement to ensure business objectives will be achieved.
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Michel
12 months ago
I believe D is the correct answer, it makes more sense to me.
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Micheal
12 months ago
Ha! I'll just say I'm glad I don't have to implement these frameworks. Sounds like a real headache for the compliance team.
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Cherelle
1 years ago
I'm torn between B and D. While B focuses on the design and evaluation aspects, D suggests they can also help identify industry-wide best practices. Maybe a combination of the two would be ideal.
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Willie
1 years ago
I agree, B is the best answer. Internal control frameworks are meant to help organizations implement effective controls, not just serve as a checklist for auditors.
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Pok
1 years ago
I'm not sure, but I think it might be B.
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Marquetta
1 years ago
Option B seems the most comprehensive in describing the role of internal control frameworks. They provide guidance for designing and evaluating internal controls, rather than just specifying controls or listing best practices.
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Chandra
11 months ago
Option B seems the most comprehensive in describing the role of internal control frameworks. They provide guidance for designing and evaluating internal controls, rather than just specifying controls or listing best practices.
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Genevieve
11 months ago
B) They provide guidance related to internal control design and implementation to assist with the evaluation and benchmarking of business practices.
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Paz
12 months ago
A) They outline specific internal controls for an organization to implement to ensure business objectives will be achieved.
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Daren
1 years ago
I agree with Candra, A makes sense.
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Candra
1 years ago
I think the answer is A.
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