IIA Exam IIA-CIA-Part2 Topic 1 Question 93 Discussion

Actual exam question for IIA's IIA-CIA-Part2 exam

Question #: 93
Topic #: 1

Which of the following internal audit activities is performed in the design evaluation phase?

AThe internal auditor reviews prior audits and workpapers.

BThe internal auditor identifies the controls over segregation of duties.

CThe internal auditor checks a process for completeness.

DThe internal auditor communicates the audit results to management.
During the design evaluation phase of an audit, the internal auditor's primary role is to assess whether the controls in place are appropriately designed to mitigate risks. This includes identifying key controls such as those over segregation of duties, which is a fundamental control to prevent fraud and errors by ensuring that no single individual has control over all aspects of a transaction.
IIA Reference:
IIA Standard 2201: Planning Considerations highlights the importance of evaluating the adequacy of controls during the design phase. Identifying controls over segregation of duties is a critical step in this process as it ensures that the design is robust and capable of mitigating risks.

Show Suggested Answer

Suggested Answer: B

by Phyliss at Nov 14, 2024, 11:31 PM

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Herman

6 days ago

I'm not sure, but I think A) The internal auditor reviews prior audits and workpapers could also be a valid activity in the design evaluation phase.

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Nicholle

7 days ago

I agree with Roxanne, because in the design evaluation phase, it's important to ensure proper segregation of duties.

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Eladia

10 days ago

I'm going with option C. Checking a process for completeness is definitely something the internal auditor would do during the design evaluation.

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Ivory

3 days ago

I think option A is also important, reviewing prior audits can provide valuable insights.

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Roxanne

19 days ago

I think the answer is B) The internal auditor identifies the controls over segregation of duties.

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Elden

20 days ago

I think option B is the way to go. Identifying the controls over segregation of duties is a key part of the design evaluation phase.

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18 days ago

I agree, reviewing prior audits and workpapers is crucial in the design evaluation phase.

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