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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?

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Suggested Answer: C

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

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Lucille
17 days ago
Risk assessment - the crystal ball of the audit world. Might as well consult the tea leaves while you're at it.
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Alyssa
1 days ago
A) Identification of controls.
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Jacklyn
29 days ago
Just don't forget to factor in the resources available. Gotta be realistic, you know?
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Roosevelt
1 days ago
B) Scope establishment.
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Yolande
8 days ago
A) Identification of controls.
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Mohammad
16 days ago
C) Risk assessment.
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Lynsey
1 months ago
Risk assessment is the way to go. Can't have objectives without understanding the potential issues first.
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Gwen
8 days ago
Agreed, understanding the risks is crucial before setting objectives.
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Hector
1 months ago
C) Risk assessment.
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Vinnie
2 months ago
Hmm, I was thinking scope establishment might come first, but risk assessment makes more sense as the foundation.
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Mable
12 days ago
C) Risk assessment.
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Leigha
15 days ago
A) Identification of controls.
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Thea
2 months ago
I agree, C is the correct answer. You gotta know the risks before you can determine your audit objectives.
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Trina
2 months 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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Adolph
22 days ago
B) Scope establishment.
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Claribel
23 days ago
A) Identification of controls.
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Jacquline
1 months ago
C) Risk assessment.
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Carole
2 months ago
I'm not sure, but I think it makes sense to assess risks before setting objectives.
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Luisa
2 months ago
I agree with Ronnie, because assessing risks helps in setting the audit objectives.
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Ronnie
2 months ago
I think the answer is C) Risk assessment.
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