nerdexam
IIA

IIA-CIA-PART2 · Question #126

IIA-CIA-PART2 Question #126: Real Exam Question with Answer & Explanation

Sign in or unlock IIA-CIA-PART2 to reveal the answer and full explanation for question #126. The question stem and answer options stay visible for context.

Question

An internal auditor observes a double payment transaction on a supplier invoice during an accounts payable engagement. Which of the following steps would be the most effective in helping the auditor determine whether fraud exists?

Options

  • ASwitch the existing assurance engagement into a fraud investigation engagement
  • BExtend the audit scope and perform additional testing of controls on other related areas
  • CReview the poor year's transaction volume and amounts paid compared to the poor year's budget
  • DPerform data analytics on the supplier's information, invoiced amounts, and payments performed

Unlock IIA-CIA-PART2 to see the answer

You've previewed enough free IIA-CIA-PART2 questions. Unlock IIA-CIA-PART2 for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.

Full IIA-CIA-PART2 Practice