IIA Exam IIA-CRMA Topic 7 Question 69 Discussion

Actual exam question for IIA's IIA-CRMA exam

Question #: 69
Topic #: 7

Which of the following statements accurately describes an internal auditor's responsibility with regard to due professional care?

AAn internal auditor should express an opinion only when consensus with top management has been achieved.

BAn internal auditor's opinion should be based on experience and free of all bias.

CAn internal auditor's opinion should be based on factual evidence.

DAn internal auditor's opinion should be limited to the effectiveness of internal controls.

Show Suggested Answer

Suggested Answer: C

by Hoa at Dec 27, 2023, 08:19 PM

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Roxane

2 months ago

Option A is a dealbreaker, no way an auditor should wait for management's approval to express an opinion. That's like asking the fox to guard the henhouse!

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Helga

21 days ago

I agree with you, option A goes against the principle of independence for auditors. Option C is definitely the most accurate choice.

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Trinidad

22 days ago

I think the correct answer is C, an auditor's opinion should always be based on factual evidence to ensure accuracy.

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Maddie

1 months ago

I agree, option A is definitely not the right answer. It would compromise the independence of the auditor.

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Edelmira

3 months ago

D is a bit too narrow, don't you think? Internal auditors should assess more than just the effectiveness of controls.

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Hester

2 months ago

I agree, D is too narrow. Internal auditors should consider a broader range of factors.

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Nicolette

2 months ago

C) An internal auditor's opinion should be based on factual evidence.

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Stephen

2 months ago

A) An internal auditor should express an opinion only when consensus with top management has been achieved.

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Brett

3 months ago

Haha, option B is a bit too ambitious. No one's opinion is completely free of bias, not even the most seasoned auditor!

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Blythe

2 months ago

Aliza: Definitely, that's a key part of due professional care.

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Izetta

2 months ago

User 3: Option C seems more realistic, basing opinions on factual evidence.

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Aliza

2 months ago

User 2: Yeah, we all have our own perspectives that can influence our opinions.

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Linette

2 months ago

User 1: I agree, it's impossible to be completely unbiased.

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Samira

3 months ago

I agree, C is the way to go. Auditors need to be objective and impartial, not just go with the flow.

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Carman

3 months ago

I disagree, I think the answer is D. The opinion should be limited to the effectiveness of internal controls.

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Lavera

3 months ago

I agree with Moon, because an internal auditor's opinion should be based on factual evidence.

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Moon

3 months ago

I think the answer is C.

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Peggie

3 months ago

Option C is clearly the correct answer. An internal auditor's opinion should be based on factual evidence, not just experience or consensus with management.

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Chery

2 months ago

Without factual evidence, an internal auditor's opinion may lack credibility and objectivity.

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Theola

2 months ago

Factual evidence is crucial for ensuring the accuracy and reliability of an internal auditor's opinion.

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Dalene

2 months ago

It's important for internal auditors to rely on factual evidence to form their opinions.

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Gennie

2 months ago

I agree, option C is the correct answer. An internal auditor's opinion should be based on factual evidence.

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Kimi

3 months ago

I disagree, I think the answer is D. An internal auditor's opinion should be limited to the effectiveness of internal controls.

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Armando

3 months ago

I agree with Eveline, because an internal auditor's opinion should be based on factual evidence.

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Eveline

4 months ago

I think the answer is C.

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