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Exam IIA-CIA-Part2 topic 4 question 80 discussion

Actual exam question from IIA's IIA-CIA-Part2
Question #: 80
Topic #: 4
[All IIA-CIA-Part2 Questions]

The chief audit executive (CAE) of a new organization is in the process of determining the manner in which audit reports will be distributed and to whom.
According to the Standards, which of the following is the most appropriate course of action for the CAE to take to develop this distribution process?

  • A. The process should be determined in meetings with the external auditor and senior management to ensure alignment with external reporting.
  • B. The CAE should meet with senior management for their input, but finalize the distribution of all reports with the board.
  • C. The CAE should independently implement the report distribution, using best judgment to ensure that all relevant stakeholders are informed.
  • D. The CAE should request that senior management and the board meet to determine the most appropriate reporting method.
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Suggested Answer: B 🗳️

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emtofid
2 months ago
Selected Answer: B
Option C is incorrect because relying solely on the CAE’s judgment without consulting senior management or the board may lead to gaps in stakeholder alignment.
upvoted 2 times
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balqis32
1 year, 3 months ago
Selected Answer: C
i opted C - The chief audit executive or designee reviews and approves the final engagement communication before issuance and decides to whom and how it will be disseminated
upvoted 2 times
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Steve8Taiwan
3 years, 2 months ago
My answer is C as well.
upvoted 1 times
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Sangy_jo
3 years, 5 months ago
i opted for C
upvoted 1 times
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KonradK
3 years, 5 months ago
Why not D when CIA request SM and the Board to meet and discuss the best reporting distribution option? B is strange for me and should not be a right option. Can someone explain?
upvoted 2 times
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Tico
3 years, 10 months ago
B: CAE should finalize the distribution of all reports with the board.... is this true? It seems against Interpretation Standard 2440
upvoted 3 times
wiseminosse
3 years, 10 months ago
I do agree; I would have opted for C
upvoted 2 times
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