IIA
IIA-CIA-PART2 · Question #324
IIA-CIA-PART2 Question #324: Real Exam Question with Answer & Explanation
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Question
An organization recently acquired a subsidiary in a new industry, and management asked the chief audit executive (CAE) to perform a comprehensive audit of the subsidiary prior to recommencing operations The CAE is unsure her team has the necessary skills and knowledge to accept the engagement According to IIAguidance, which of the following responses by the CAE would be most appropriate?
Options
- AThe CAE should accept the engagement and ensure that an explanation of the expertise
- BThe CAE should ask management to hire an external expert who is familiar with the industry to
- CThe CAE should accept the engagement and hire an external expert to assist the audit team with
- DThe CAE should recommend postponing the engagement until the internal audit team is able to
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