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IIA-CIA-PART2 · Question #184

Which of the following best describes how an internal auditor would use a flowchart during engagement planning?

The correct answer is D. To evaluate the design of controls. During engagement planning, an internal auditor uses a flowchart to evaluate the design of controls. A flowchart visually represents the processes and controls within the organization, helping the auditor identify control points, weaknesses, and potential risks. This…

Planning the Engagement

Question

Which of the following best describes how an internal auditor would use a flowchart during engagement planning?

Options

  • ATo prepare for testing the effectiveness of controls
  • BTo plan for evaluating potential losses
  • CTo prepare a sampling plan for the engagement
  • DTo evaluate the design of controls

How the community answered

(28 responses)
  • A
    4% (1)
  • C
    4% (1)
  • D
    93% (26)

Explanation

During engagement planning, an internal auditor uses a flowchart to evaluate the design of controls. A flowchart visually represents the processes and controls within the organization, helping the auditor identify control points, weaknesses, and potential risks. This understanding is critical for planning the audit, as it allows the auditor to design tests that effectively assess whether the controls are properly designed and implemented to mitigate risks.

Topics

#flowcharts#engagement planning#control design evaluation#audit tools

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