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IIA Exam IIA-CRMA Topic 5 Question 96 Discussion

Actual exam question for IIA's IIA-CRMA exam
Question #: 96
Topic #: 5
[All IIA-CRMA Questions]

According to IIA guidance, which of the following are macro-level audit activities performed for an assurance engagement of the purchasing department?

1. Obtain and review all purchasing-related audit reports issued within the past year.

2. Meet with the quality assurance group to discuss its previous reports of any purchasing-related findings.

3. Review a memo written by the purchasing manager that outlines ongoing problems with the purchasing software.

4. Request a copy of the report from a purchasing audit conducted last year by an external service provider.

Show Suggested Answer Hide Answer
Suggested Answer: B

by Cristy at Jan 23, 2025, 09:03 AM

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Annamae
3 months ago
C'mon, who doesn't love a good external audit report? Option C gets my vote. Although, I hope the auditors didn't find any skeletons in the purchasing closet.
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Ressie
2 months ago
Sueann: Let's hope there are no major issues uncovered in the purchasing department audit.
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Paris
2 months ago
User 3: I think Option C covers the macro-level audit activities recommended by the IIA guidance.
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Sueann
2 months ago
User 2: Definitely, meeting with the quality assurance group and reviewing an external audit report sounds thorough.
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Ciara
2 months ago
User 1: I agree, external audit reports can be revealing. Option C seems like a good choice.
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Johnetta
3 months ago
Haha, I bet the purchasing manager's memo is just a list of all the times the software crashed and caused chaos. Option B it is!
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Zona
3 months ago
I'm not sure about this one. It seems like option B might also be valid, as reviewing a memo from the purchasing manager could provide useful insights.
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Carey
2 months ago
I agree, that could provide valuable information for the audit.
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Oretha
2 months ago
I think option B makes sense. It's important to review the memo from the purchasing manager.
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Leota
3 months ago
Option A seems like the correct answer. Reviewing past audit reports and discussing findings with quality assurance are standard macro-level audit activities.
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Viva
2 months ago
User 4: It's crucial to have a comprehensive approach when auditing the purchasing department.
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Son
2 months ago
User 3: Definitely, those are macro-level audit activities for assurance engagements.
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Joanna
2 months ago
User 2: I agree, reviewing past audit reports and discussing findings with quality assurance are important.
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Sheron
2 months ago
User 1: I think option A is the correct answer.
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Dong
4 months ago
I'm not sure, I think the answer might be B) 1 and 3 because reviewing a memo from the purchasing manager could also be a macro-level activity.
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Kathrine
4 months ago
I agree with Curt, because obtaining and reviewing audit reports and meeting with the quality assurance group are macro-level activities.
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Curt
4 months ago
I think the answer is A) 1 and 2.
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