Costs related to nonconformities and failures to comply with legal and contractual requirements are assessed when defining:

The correct answer is A. Materiality. Materiality in the context of an audit involves assessing what level of nonconformities or failures, including those related to legal and contractual compliance, would be significant enough to affect the audit conclusions. Costs related to these issues are considered when determi

Planning an ISO/IEC 27001 Audit

Question

Options

AMateriality
BAudit risks
CReasonable assurance

How the community answered

(52 responses)

A
90% (47)
B
4% (2)
C
6% (3)

Explanation

Materiality in the context of an audit involves assessing what level of nonconformities or failures, including those related to legal and contractual compliance, would be significant enough to affect the audit conclusions. Costs related to these issues are considered when determining materiality.

Topics

#materiality#audit risk#nonconformity costs#audit planning

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