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Exam IIA-CIA-Part2 topic 5 question 117 discussion

Actual exam question from IIA's IIA-CIA-Part2
Question #: 117
Topic #: 5
[All IIA-CIA-Part2 Questions]

An organization is expanding into a new line of business, selling natural gas. The internal auditor is planning an engagement and wants to obtain a general understanding of the natural gas market, the market share that the organization wants to win, and the competitive advantage that the organization may have. Which of the following would be the best source of such information?

  • A. Interview responsible managers and read strategic documents.
  • B. Conduct internet searches on gas sales and analyze market players.
  • C. Review gas clients' portfolio and compile statistics on sales margins.
  • D. Analyze the organization's revenues and calculate the proportion of gas.
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Suggested Answer: C 🗳️
by emtofid at Sept. 7, 2024, 1:43 a.m.

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AFD22
1 week, 6 days ago
Selected Answer: A
Interview responsible managers and read strategic documents.
upvoted 1 times
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emtofid
4 months, 1 week ago
Selected Answer: A
Strategic documents and discussions with responsible managers provide comprehensive insights into the organization’s goals, strategies, and competitive positioning in the market.
upvoted 1 times
...
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