IIA Exam CPEA Topic 1 Question 84 Discussion

Actual exam question for IIA's CPEA exam

Question #: 84
Topic #: 1

[All CPEA Questions]

Which one of the following is NOT a factor included in the control environment of an entity?

AIntegrity and ethical values

BRisk assessment

CCommitment to competence

DOrganization structure

Show Suggested Answer

Suggested Answer: D

by Darrel at Aug 28, 2024, 05:02 AM

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3 months ago

I'm going with B) Risk assessment. Who wants to assess risk when you can just ignore it and hope for the best? That's the real secret to a great control environment!

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Douglass

2 months ago

B) Risk assessment may not be as fun, but it's essential for identifying and managing potential risks.

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Rosamond

2 months ago

D) Organization structure plays a key role in establishing a strong control environment.

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Margurite

2 months ago

C) Commitment to competence is crucial for ensuring effective controls within an entity.

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Major

2 months ago

A) Integrity and ethical values are definitely important in the control environment.

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Curtis

3 months ago

I agree with Kerry, I think the answer is D) Organization structure.

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Kerry

3 months ago

But risk assessment is a key factor in control environment.

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Xochitl

3 months ago

No, I believe it's D) Organization structure.

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Kerry

3 months ago

I think the answer is B) Risk assessment.

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Lynelle

3 months ago

Hmm, I'm not sure. I'd say D) Organization structure is the odd one out here. The rest seem like they're all part of the control environment.

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Boris

3 months ago

I think the answer is B) Risk assessment. That's not part of the control environment, it's a separate component of internal control.

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Brynn

2 months ago

Yes, it is a separate component of internal control.

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Dalene

2 months ago

I agree, B) Risk assessment is not part of the control environment.

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Gearldine

2 months ago

D) Organization structure

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Kerrie

3 months ago

C) Commitment to competence

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Wenona

3 months ago

B) Risk assessment

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Rebbecca

3 months ago

A) Integrity and ethical values

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