IIA Exam IIA-CIA-Part3-3P Topic 13 Question 47 Discussion

Actual exam question for IIA's IIA-CIA-Part3-3P exam

Question #: 47
Topic #: 13

[All IIA-CIA-Part3-3P Questions]

The main reason to establish internal controls in an organization is to:

AEncourage compliance with policies and procedures.

BSafeguard the resources of the organization.

CEnsure the accuracy, reliability, and timeliness of information.

DProvide reasonable assurance on the achievement of objectives.

Show Suggested Answer

Suggested Answer: B

by Alesia at Jul 03, 2024, 06:42 AM

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Malissa

2 months ago

Internal controls? More like internal chaos, am I right? But hey, at least they keep the company from turning into a cosmic disaster zone.

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Hershel

23 days ago

D) Provide reasonable assurance on the achievement of objectives.

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Jeanice

1 months ago

C) Ensure the accuracy, reliability, and timeliness of information.

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Carri

1 months ago

B) Safeguard the resources of the organization.

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Tu

2 months ago

A) Encourage compliance with policies and procedures.

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Ligia

2 months ago

D for sure! Internal controls are like the superheroes of the business world, saving the day one objective at a time.

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Daniela

2 months ago

Hmm, I was leaning towards C, but I see how D is the more comprehensive answer. Gotta love those tricky exam questions!

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Jose

1 months ago

C) Ensure the accuracy, reliability, and timeliness of information.

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Rosio

1 months ago

B) Safeguard the resources of the organization.

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Lawanda

2 months ago

A) Encourage compliance with policies and procedures.

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Leatha

3 months ago

I agree, D is the best answer. Internal controls are all about ensuring the organization meets its goals and objectives.

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Felix

1 months ago

C) Ensure the accuracy, reliability, and timeliness of information.

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Bette

1 months ago

B) Safeguard the resources of the organization.

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Ira

1 months ago

A) Encourage compliance with policies and procedures.

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Bambi

2 months ago

D) Provide reasonable assurance on the achievement of objectives.

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Johana

2 months ago

C) Ensure the accuracy, reliability, and timeliness of information.

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Sherell

3 months ago

B) Safeguard the resources of the organization.

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Irma

3 months ago

A) Encourage compliance with policies and procedures.

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France

3 months ago

I think option D is the correct answer. Internal controls are designed to provide reasonable assurance that the organization's objectives will be achieved.

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Brittney

2 months ago

Yes, I think option D is the best choice. It's important for internal controls to give reasonable assurance on objectives.

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Martina

2 months ago

I agree, option D makes sense. Internal controls should provide assurance on achieving objectives.

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Oliva

3 months ago

I believe all the options are important, but ultimately internal controls provide reasonable assurance on the achievement of objectives.

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Iesha

3 months ago

I agree with German, but I also think it's important to ensure the accuracy, reliability, and timeliness of information.

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German

4 months ago

I think the main reason to establish internal controls is to safeguard the resources of the organization.

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