IIA-CIA-PART2 · Question #383
Which of the following is the advantage of using internal control questionnaires (ICQs) as part of a preliminary survey for an engagement?
The correct answer is B. ICQs are efficient. The primary advantage of using internal control questionnaires (ICQs) as part of a preliminary survey for an engagement is their efficiency. ICQs allow auditors to quickly gather a large amount of information about the control environment by asking structured questions that…
Question
Which of the following is the advantage of using internal control questionnaires (ICQs) as part of a preliminary survey for an engagement?
Options
- AICQs provide testimonial evidence.
- BICQs are efficient.
- CICQs provide tangible evidence to be quantified.
- DICQs put observations into perspective.
How the community answered
(55 responses)- A2% (1)
- B95% (52)
- D4% (2)
Explanation
The primary advantage of using internal control questionnaires (ICQs) as part of a preliminary survey for an engagement is their efficiency. ICQs allow auditors to quickly gather a large amount of information about the control environment by asking structured questions that cover key areas of interest. This helps in identifying areas that require further investigation or where controls may need improvement.
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