An internal auditor has discovered that duplicate payments were made to one vendor. Management has recouped the duplicate payments as a corrective action. Which of the following describes…

The correct answer is D. An effect-based action plan. Management's action to recoup the duplicate payments made to a vendor is an effect-based action plan because it directly addresses the outcome (the duplicate payment) rather than the underlying cause that allowed the error to occur. An effect-based action plan focuses on…

Monitoring Progress

Question

An internal auditor has discovered that duplicate payments were made to one vendor. Management has recouped the duplicate payments as a corrective action. Which of the following describes management's action in this case?

Options

AA condition-based action plan.
BA cause-based action plan.
CA root cause-based action plan.
DAn effect-based action plan.

How the community answered

(23 responses)

A
9% (2)
B
4% (1)
C
4% (1)
D
83% (19)

Explanation

Management's action to recoup the duplicate payments made to a vendor is an effect-based action plan because it directly addresses the outcome (the duplicate payment) rather than the underlying cause that allowed the error to occur. An effect-based action plan focuses on correcting the issue's immediate consequences but does not necessarily address the root cause that led to the issue in the first place.

Topics

#corrective action#effect-based action plan#duplicate payments#management response

Community Discussion

No community discussion yet for this question.

Full IIA-CIA-PART2 Practice