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IIA

IIA-CFSA · Question #188

Risks related to assets/liability management that auditors should be aware of include all of the following EXCEPT:

The correct answer is D. Deficiencies in the integration of purchase-oriented businesses with the responsibilities associated. See the full explanation below for the reasoning.

Question

Risks related to assets/liability management that auditors should be aware of include all of the following EXCEPT:

Options

  • ADeficient information processing, accounting, reconcilement, and reporting systems in relation to
  • BFailure to effectively manage third-party vendors
  • CFailure to use legal counsel effectively
  • DDeficiencies in the integration of purchase-oriented businesses with the responsibilities associated

How the community answered

(39 responses)
  • A
    8% (3)
  • B
    15% (6)
  • C
    3% (1)
  • D
    74% (29)

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