exam questions

Exam IIA-CIA-Part1 All Questions

View all questions & answers for the IIA-CIA-Part1 exam

Exam IIA-CIA-Part1 topic 1 question 20 discussion

Actual exam question from IIA's IIA-CIA-Part1
Question #: 20
Topic #: 1
[All IIA-CIA-Part1 Questions]

An organization that outsources much of its internal audit work to an external service provider is planning for an external quality assessment. Which of the following options would accomplish this task and be in conformance with the Standards?

  • A. External industry associate that performed a similar review for a supplier of the organization.
  • B. A team from an independent entity that previously employed the chief audit executive of the organization.
  • C. A team under the direction of the organization's chief audit executive with validation by a former manager of the internal audit activity.
  • D. The same external service provider because of its competency and experience with the organization.
Show Suggested Answer Hide Answer
Suggested Answer: A 🗳️

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Magic_Fab
4 months, 4 weeks ago
Only option A is really external. The other options provide somehow an involvement of the company under assessment
upvoted 2 times
...
Champ_avi
5 months, 4 weeks ago
Why Option A is correct, why not C??
upvoted 1 times
Mikoyan
1 month, 1 week ago
As the team will not be truly independent (as they work directly for the CAE). QARs (Quality Assurance Reviews) extend to the CAE too; i.e. CAEs activities are also monitored.
upvoted 1 times
...
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
Loading ...
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago