Exam IIA-CIA-Part2 topic 5 question 52 discussion

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

Question #: 52
Topic #: 5

The chief audit executive (CAE) of a small internal audit activity (IAA) plans to test conformance with the Standards through a quality assurance review. According to the Standards, which of the following are acceptable practice for this review?
1. Use an external service provider.
2. Conduct a self-assessment with independent validation.
3. Arrange for a review by qualified employees outside of the IAA.
4. Arrange for reciprocal peer review with another CAE.

A. 1 and 2
B. 2 and 4
C. 1, 2, and 3
D. 2, 3, and 4

Show Suggested Answer

Suggested Answer: A 🗳️

by missCIA at Nov. 15, 2020, 2:43 p.m.

Comments

Submit Cancel

emtofid

2 months, 1 week ago

Selected Answer: B

B. 2 and 4 best reflects the acceptable and practical approaches for a small IAA to conduct a quality assurance review in conformance with the IIA Standards.

upvoted 1 times

...

KonradK

3 years, 5 months ago

Isn't 3 same as 1. A qualifited employees can be external service provider which can conduct a review over conformance with Standard every 5 years. Can someone exaplain why A is correct and C is wrong?

upvoted 2 times

...

missCIA

4 years, 2 months ago

it's a part 1 question no ?

upvoted 2 times

...

Exam IIA-CIA-Part2 All Questions

View all questions & answers for the IIA-CIA-Part2 exam

Exam IIA-CIA-Part2 topic 5 question 52 discussion

Comments

emtofid

KonradK

missCIA

SY0-701