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IIA Exam IIA-CRMA Topic 10 Question 89 Discussion

Actual exam question for IIA's IIA-CRMA exam
Question #: 89
Topic #: 10
[All IIA-CRMA Questions]

According to IIA guidance, which of the following statements describes one of the similarities between assurance and consulting services?

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Suggested Answer: A

by Viki at Sep 18, 2024, 11:10 PM

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Jacqueline
9 months ago
I'm going with B. It's the only option that really highlights the internal auditor's role in both services. Seems the most comprehensive answer to me.
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Darrel
10 months ago
Option D all the way! It's like a one-stop shop for all your auditing needs, with everyone involved.
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Anissa
8 months ago
Having the internal auditor, area under review, senior management, and the board all on board is crucial for a successful audit.
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Gwenn
9 months ago
It's important to have everyone involved to ensure a comprehensive review.
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Arthur
9 months ago
I agree, option D covers all the key players in the auditing process.
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Lindsey
10 months ago
This is a tough one, but I'm leaning towards option A. Considering the strategies and objectives of the activity is crucial for both assurance and consulting engagements.
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Wynell
8 months ago
That's true, so option D could also be a valid choice.
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Edda
8 months ago
But don't forget that both assurance and consulting services involve the internal auditor, the area under review, senior management, and the board.
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Flo
8 months ago
I agree, that's a key similarity between assurance and consulting services.
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Nicolette
9 months ago
I think option A makes sense. It's important to consider the strategies and objectives of the activity.
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Lashaun
10 months ago
Hmm, I'm torn between B and D. But I think I'll go with D. It just makes sense that both services would involve all those key stakeholders.
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Marquetta
10 months ago
I'm going with option C. Internal auditors must not provide assurance or consulting services for an activity they were responsible for in the previous year. Gotta maintain that independence, you know?
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Desmond
9 months ago
That's a good point about maintaining independence. It's crucial for internal auditors to avoid conflicts of interest.
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Karina
9 months ago
D) Both assurance and consulting services generally involve the internal auditor, the area under review, senior management, and the board.
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Danica
9 months ago
A) When planning assurance and consulting engagements, internal auditors must consider the strategies and objectives of the activity being reviewed.
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Kris
10 months ago
I'm not sure, but I think it's important to involve senior management and the board in both types of services.
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Esteban
10 months ago
Option B seems to be the right answer. The internal auditors are responsible for determining the engagement objectives, scope, and work program for both assurance and consulting services.
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Theola
10 months ago
I agree with Christiane, because both assurance and consulting services involve multiple parties.
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Casey
10 months ago
I think option D is the correct answer. Both assurance and consulting services involve the internal auditor, the area under review, senior management, and the board.
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Shaun
9 months ago
I see your point, but I still think option D is the best choice.
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Marion
9 months ago
I'm not sure, but I think option A could also be a possibility.
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Galen
10 months ago
Yes, I think so too. It makes sense that both services involve those key stakeholders.
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Emile
10 months ago
I agree, option D seems to be the most accurate.
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Christiane
10 months ago
I think the answer is D.
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