Exam IIA-CIA-Part1 topic 1 question 80 discussion

Actual exam question from IIA's IIA-CIA-Part1

Question #: 80
Topic #: 1

The chief audit executive's responsibility regarding control processes includes:

A. Assisting senior management and the audit committee in the development of an annual assessment about internal control.
B. Overseeing the establishment of internal control processes.
C. Maintaining the organization's governance processes.
D. Ensuring that the internal audit activity assesses all control processes annually.

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Suggested Answer: A 🗳️

by Ivana2000 at Aug. 12, 2021, 1:52 p.m.

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11 months, 1 week ago

I just need confirmation, audit committee ensures that the internal audit activity assesses all control processes annually?

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11 months, 1 week ago

Or it is just wrong because of the word annually...

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11 months, 1 week ago

...and it is ongoing monitoring.

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1 month, 3 weeks ago

No the Audit Committee (Board) only supervises. Additionally, The IAA does not need to evaluate ALL controls processes annually or otherwise.

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10 months, 1 week ago

I think it's the word ALL that made that answer wrong.

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