IIA-CIA-PART2 Question #71: Real Exam Question with Answer & Explanation

The correct answer is C. Management has provided additional information that contradicts the findings.. A finding can be removed from the final audit report if management provides additional information that accurately contradicts the initial findings. This indicates that the initial findings may have been based on incomplete or incorrect information. Disagreements (Option A) or be

Question

Which of the following situations would justify the removal of a finding from the final audit report?

Options

AManagement disagrees with the report findings and conclusions in their responses.
BManagement has already satisfactorily completed the recommended corrective action.
CManagement has provided additional information that contradicts the findings.
DManagement believes that the finding is insignificant and unfairly included in the report.

Explanation

A finding can be removed from the final audit report if management provides additional information that accurately contradicts the initial findings. This indicates that the initial findings may have been based on incomplete or incorrect information. Disagreements (Option A) or beliefs about the insignificance (Option D) of the finding do not justify removal unless they are supported by new, contradicting evidence. Even if corrective actions are already taken (Option B), the original finding may still be relevant for documentation and historical context.

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