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Exam IIA-CIA-Part1 topic 6 question 409 discussion

Actual exam question from IIA's IIA-CIA-Part1
Question #: 409
Topic #: 6
[All IIA-CIA-Part1 Questions]

An internal auditor is evaluating the effectiveness of controls in the organization's order-to-cash process. The auditor agrees with the process owner that the appropriate response to address the risk of bad debt is to mitigate the risk. Which of the following is the appropriate next step for the auditor?

  • A. Document the agreed action plan to mitigate the risk and follow up after an established time period.
  • B. Test the existing controls to determine whether they effectively mitigate the risk.
  • C. Identify the impact and likelihood of the risk to determine its significance.
  • D. Identify the actual controls to be applied to mitigate the risk.
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Suggested Answer: D 🗳️
by f30b972 at Aug. 16, 2024, 10:14 p.m.

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Elvoo
5 months ago
Selected Answer: B
Shouldn't the right answer be B?
upvoted 1 times
83b5204
3 months, 2 weeks ago
I guess clear identification of risks must be preceded. So it is D
upvoted 1 times
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