Exam IIA-CIA-Part2 topic 1 question 5 discussion

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

Question #: 5
Topic #: 1

The most effective way for internal auditors to enhance the reliability of computerized financial and operating information is by:

A. Determining if controls over record keeping and reporting are adequate and effective.
B. Reviewing data provided by information systems to test compliance with external requirements.
C. Determining if information systems provide management with timely information.
D. Determining if information systems provide complete information.

Show Suggested Answer

Suggested Answer: A 🗳️

by AnnaC19 at Aug. 3, 2020, 8:38 a.m.

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thabash

4 months ago

the question talks anbout information which is output which is reporting A- perfect answer as it to check that reporting are adequate and effective. B- is data, which mean input, the question talk about information and output c-information system that provide management on timely, where ANSWER A talks about effective of the report D-information system not reporting

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YogeshShenoy

7 months ago

I believe the reason for A being the answer is that, option B is only to referring to external requirements (option is completely ruled out), option C is only referring to information being timely, option D is only referring to information being complete. Whereas the reliability of any system can be enhanced through its effectiveness and adequacy (which are also taking care of completeness and timliness of the information)

upvoted 4 times

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madihaf

7 months, 4 weeks ago

if reporting and controls are effective, then the output from the system would be reliable.

upvoted 2 times

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chung002

7 months, 4 weeks ago

i have a feeling that it is a black box approach . i.e. if records keeping is effective, the information going into the system would be reliable and thus reporting is deemed reliable too.

upvoted 1 times

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Camargo

8 months, 1 week ago

Actually, I did not understand the answer of this questions. Why not options C and D? Can someone please help me with some clarifications? Thanks!

upvoted 2 times

Prossyn

1 month, 4 weeks ago

The most important words in this question are 1) most effective 2) reliability Reliability means free from bias and comes from a credible source A) If controls over record keeping and reporting are adequate and effective then we can rely on the output because it is free from bias to an ascertained extent B) Compliance with external requirements does not necessarily mean free from bias C) Timeliness is just a part of reliability for example if an auditor receives the trial balance on time it does not necessarily mean that they should rely on the numbers in there D) Complete information is sufficient not reliable Qualities of audit evidence