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Exam IIA-CIA-Part2 All Questions

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Exam IIA-CIA-Part2 topic 1 question 68 discussion

Actual exam question from IIA's IIA-CIA-Part2
Question #: 68
Topic #: 1
[All IIA-CIA-Part2 Questions]

Which of the following does not represent a difficulty in using red flags as fraud indicators?

  • A. Many common red flags are also associated with situations where no fraud exists.
  • B. Some red flags are difficult to quantify or to evaluate.
  • C. Red flag information is only gathered in extraordinary circumstances.
  • D. The red flags literature is not well enough established to have a positive impact on auditing.
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Suggested Answer: D 🗳️
by John1237 at Feb. 21, 2022, 9:01 a.m.

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83b5204
2 months ago
I think it is C
upvoted 1 times
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John1237
2 years, 10 months ago
The impact seems to be indirect (on the profession and not during an engagement).
upvoted 1 times
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