Which of the following would BEST guide an IS auditor when determining an appropriate time to schedule the follow-up of agreed corrective actions for reported audit issues?
A.
Business management has completed the implementation of agreed actions on schedule.
B.
Progress updates indicate that the implementation of agreed actions is on track.
C.
Sufficient time has elapsed since implementation to provide evidence of control operation.
D.
Regulators have announced a timeline for an inspection visit.
A etter way to word it would be:
A) We've completed the controls, are we ready for review?
B)We're on track to completethe controls and sent a progress update, are we ready for review?
C) We've completed the controls, and time has passed for us to have ample evidence whether or not they are operating effectively
D) A Deadline was set for the review. Are they ready?
Progress updates indicating that the implementation of agreed actions is on track (option B) would best guide an IS auditor when determining an appropriate time to schedule the follow-up of agreed corrective actions for reported audit issues. This option suggests that the corrective actions are being implemented as planned and that there is evidence of progress toward addressing the identified audit issues. By ensuring that the implementation is on track, the auditor can schedule follow-up at a suitable time to verify completion and effectiveness. While other options may also provide relevant information, such as sufficient time elapsed since implementation to provide evidence of control operation (option C), progress updates indicating implementation progress offer more specific guidance on the timing of follow-up activities. Option C focuses on the passage of time rather than active progress toward resolution.
Incorrect. Sufficient time must pass after a control has been implemented to verify it is operating effectively.
A progress update is great but does not give any indication it is operating effectively and ready for review.
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