IIA
IIA-CIA-PART2 · Question #437
IIA-CIA-PART2 Question #437: Real Exam Question with Answer & Explanation
Sign in or unlock IIA-CIA-PART2 to reveal the answer and full explanation for question #437. The question stem and answer options stay visible for context.
Question
An internal auditor discovered that equipment used to monitor air quality was not maintained according to the established maintenance schedule. If the issue is not addressed, the equipment may not provide accurate information on pollutant levels, which could result in regulatory sanctions and reputational damage. The auditor discussed the issue with both the manager in charge and the CEO, who explained that they understand the risk, but it has become too expensive to maintain the equipment as scheduled. In this situation, what should the chief audit executive do?
Options
- AAdd value to the organization by taking initiative and implementing corrective actions to mitigate
- BCommunicate to the board the current situation, including the risk exposure to the organization.
- CDiscuss the matter with external auditors and request that they persuade management to address
- DContact the regulatory agency and inform them of the risk exposure.
Unlock IIA-CIA-PART2 to see the answer
You've previewed enough free IIA-CIA-PART2 questions. Unlock IIA-CIA-PART2 for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.