IIA-CIA-PART2 · Question #26
Which of the following statements describes an engagement planning best practice?
The correct answer is D. Engagement planning activities include setting engagement objectives that align with audit client's. Best practices for engagement planning involve setting objectives that align with the business objectives of the audit client. This ensures that the audit is relevant and provides valuable insights to the organization. Planning should also be systematic and documented, ensuring…
Question
Which of the following statements describes an engagement planning best practice?
Options
- AIt is best to determine planning activities on a case-by-case basis because they can vary widely
- BIf the engagement subject matter is not unique, it is not necessary to outline specific testing
- CThe engagement plan includes the expected distribution of the audit results, which should be kept
- DEngagement planning activities include setting engagement objectives that align with audit client's
How the community answered
(22 responses)- A5% (1)
- B5% (1)
- D91% (20)
Explanation
Best practices for engagement planning involve setting objectives that align with the business objectives of the audit client. This ensures that the audit is relevant and provides valuable insights to the organization. Planning should also be systematic and documented, ensuring that specific testing procedures and expected outcomes are outlined and communicated.
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