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Exam IIA-CIA-Part3 topic 2 question 183 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 183
Topic #: 2
[All IIA-CIA-Part3 Questions]

Which of the following techniques would best detect an inventory fraud scheme?

  • A. Analyze invoice payments just under individual authorization limits
  • B. Analyze stratification of inventory adjustments by warehouse location
  • C. Analyze inventory invoice amounts and compare with approved contract amounts
  • D. Analyze differences discovered during duplicate payment testing
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Suggested Answer: D 🗳️

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emtofid
1 month, 1 week ago
Selected Answer: B
The technique that would best detect an inventory fraud scheme is B. Analyze stratification of inventory adjustments by warehouse location. This method can help identify unusual patterns or discrepancies in inventory levels that may indicate fraudulent activity. By examining inventory adjustments across different locations, internal auditors can pinpoint areas with potential issues and investigate further.
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ZoeLee
5 months, 2 weeks ago
D is better than C.
upvoted 1 times
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KonradK
7 months, 2 weeks ago
Should be D or C?
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