IIA Exam IIA-CIA-Part2 Topic 8 Question 87 Discussion

Actual exam question for IIA's IIA-CIA-Part2 exam

Question #: 87
Topic #: 8

[All IIA-CIA-Part2 Questions]

According to IIA guidance, which of the following steps should precede the development of audit engagement objectives?

AIdentification of controls.

BScope establishment.

CRisk assessment.

DReview of resources.

Show Suggested Answer

Suggested Answer: C

by Verona at Sep 19, 2024, 07:04 AM

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4 days ago

Hmm, I was thinking scope establishment might come first, but risk assessment makes more sense as the foundation.

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5 days ago

I agree, C is the correct answer. You gotta know the risks before you can determine your audit objectives.

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10 days ago

Risk assessment is definitely the first step before setting engagement objectives. It helps us identify the key areas of focus.

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11 days ago

I'm not sure, but I think it makes sense to assess risks before setting objectives.

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15 days ago

I agree with Ronnie, because assessing risks helps in setting the audit objectives.

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17 days ago

I think the answer is C) Risk assessment.

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