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IIA-CIA-PART3 · Question #84

Which of the following controls would an internal auditor consider the most relevant to reduce risks of project cost overruns?

The correct answer is D. There is a formal process to monitor the status of the project and compare it to the cost baseline. You've hit your session limit · resets 10:20pm (America/New_York)

Question

Which of the following controls would an internal auditor consider the most relevant to reduce risks of project cost overruns?

Options

  • AScope change requests are reviewed and approved by a manager with a proper level of authority.
  • BCost overruns are reviewed and approved by a control committee led by the project manager.
  • CThere is a formal quality assurance process to review scope change requests before they are
  • DThere is a formal process to monitor the status of the project and compare it to the cost baseline

How the community answered

(38 responses)
  • A
    3% (1)
  • B
    5% (2)
  • C
    8% (3)
  • D
    84% (32)

Explanation

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