IIA-CIA-PART2 · Question #309
The internal auditor and her supervisor are in dispute about a risk that was not tested during an audit of the procurement function. Which of the following tools would best support the auditor's…
The correct answer is D. An assurance map. An assurance map is a tool that provides a visual representation of the coverage of risks by various assurance providers. It supports the auditor's decision by showing which risks are being addressed by internal audit and other functions, and which risks are not being tested…
Question
The internal auditor and her supervisor are in dispute about a risk that was not tested during an audit of the procurement function. Which of the following tools would best support the auditor's decision not to test the risk?
Options
- AA spaghetti map
- BA heat map.
- CA process map
- DAn assurance map
How the community answered
(20 responses)- A15% (3)
- B5% (1)
- C10% (2)
- D70% (14)
Explanation
An assurance map is a tool that provides a visual representation of the coverage of risks by various assurance providers. It supports the auditor's decision by showing which risks are being addressed by internal audit and other functions, and which risks are not being tested. This can help justify the auditor's decision not to test a particular risk, by demonstrating that it has already been covered or deemed low priority.
Topics
Community Discussion
No community discussion yet for this question.