Exam IIA-CIA-Part2 topic 5 question 270 discussion

Actual exam question from IIA's IIA-CIA-Part2

Question #: 270
Topic #: 5

An internal auditor utilizes a questionnaire to evaluate controls related to the financial close processes within a hospital system. The questionnaire was developed internally by management and requires a "yes" or "no" response from local hospital management regarding their adherence to the mandated month-end close processes. Which of the following would be considered the greatest benefit to utilizing the checklist responses to determine the audit scope?

A. The questionnaire covers standard operating procedures that were developed centrally.
B. The questionnaire is clear and reliable, as each question requires a simple "yes" or "no" response.
C. The questionnaire results save the auditor's time, as "yes" responses can be excluded from the audit scope.
D. The questionnaire produces quantifiable results covering all risks associated with close processes

Show Suggested Answer

Suggested Answer: C 🗳️

by emtofid at Nov. 8, 2024, 6:26 p.m.

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emtofid

3 weeks, 5 days ago

Selected Answer: A

Maybe A, yes answer on a questionnaire should not exclude that area from further testing

upvoted 1 times

83b5204

3 weeks ago

Since question is asking about the benefit for audit scope, the answer should be C I guess.

upvoted 1 times

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