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Exam IIA-CIA-Part2 topic 3 question 75 discussion

Actual exam question from IIA's IIA-CIA-Part2
Question #: 75
Topic #: 3
[All IIA-CIA-Part2 Questions]

Which characteristic of risk assessment makes it a useful tool for audit planning?

  • A. It provides a list of auditable activities in the organization.
  • B. It ranks the severity of potentially adverse effects on the organization.
  • C. It provides a process for identifying and analyzing potentially adverse effects.
  • D. It evaluates the probability that an event or action may adversely affect the organization.
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Suggested Answer: C 🗳️
by KonradK at July 26, 2021, 9:53 a.m.

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emtofid
2 months, 1 week ago
in the quest to confuse the candidate they out do their self sometimes, one could argue the Answer is either B OR C.
upvoted 1 times
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Steve8Taiwan
3 years, 3 months ago
I think risk assessment is the process used by people to rank the risk. The process itself could not rank the risk.
upvoted 1 times
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KonradK
3 years, 5 months ago
Could someone tell me why not B? Thanks
upvoted 2 times
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