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Exam CIPM topic 1 question 186 discussion

Actual exam question from IAPP's CIPM
Question #: 186
Topic #: 1
[All CIPM Questions]

Which of the following is a common disadvantage of a third-party audit?

  • A. It identifies weaknesses of internal controls.
  • B. It lends credibility to an internal audit program.
  • C. It requires a learning curve about the organization.
  • D. It provides a level of unbiased, expert recommendations.
Show Suggested Answer Hide Answer
Suggested Answer: C 🗳️

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Ssourav
1 year, 2 months ago
Selected Answer: C
C. It requires a learning curve about the organization. Third-party auditors may not initially have a deep understanding of the specific organization's structure, operations, culture, or industry nuances. This learning curve can sometimes limit the effectiveness and efficiency of the audit process until the third-party auditor becomes more familiar with the organization. The other options listed (identifying weaknesses of internal controls, lending credibility to an internal audit program, and providing unbiased, expert recommendations) are generally considered advantages or benefits of third-party audits.
upvoted 1 times
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SheeraLuna1
1 year, 2 months ago
it should be C
upvoted 1 times
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[Removed]
1 year, 2 months ago
Selected Answer: C
Should be C
upvoted 1 times
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emily0922
1 year, 3 months ago
Should be C
upvoted 1 times
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DracoL
1 year, 6 months ago
identifying weakness of internal controls is an advantages not disadvantages. Dis-advantages of 3rd party audit 1. Cost/Budget 2. Time or schedule 3. Learning curve about the organisation 4. Confidentiality.
upvoted 1 times
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DracoL
1 year, 6 months ago
Selected Answer: C
Should be C as 3rd party audit will take time to understand the organisation.
upvoted 1 times
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FSampaio
1 year, 7 months ago
Letter C is right.
upvoted 2 times
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Community vote distribution
A (35%)
C (25%)
B (20%)
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