IIA-CIA-PART2 · Question #168
IIA-CIA-PART2 Question #168: Real Exam Question with Answer & Explanation
The correct answer is D. Interview the personnel associated with this observation.. When an internal auditor identifies a potential control deficiency based on a preliminary survey, such as the lack of established procedures for adding and approving new vendors, the next appropriate step is to gather more detailed information. Interviewing personnel involved in
Question
Options
- ADetermine that this situation is acceptable and focus on more significant issues
- BDocument the issue m the draft audit report
- CDocument the observation for further follow up when testing the operating effectiveness of controls
- DInterview the personnel associated with this observation.
Explanation
When an internal auditor identifies a potential control deficiency based on a preliminary survey, such as the lack of established procedures for adding and approving new vendors, the next appropriate step is to gather more detailed information. Interviewing personnel involved in the accounts payable function allows the auditor to understand the context, confirm the accuracy of the questionnaire responses, and gain insights into the potential risks and impacts associated with the observed deficiency. This step is crucial before documenting the issue or planning further audit procedures to ensure the information is accurate and complete.
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