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IIA Internal Audit Fundamentals IIA-CIA-Part1 Question # 189 Topic 19 Discussion

IIA Internal Audit Fundamentals IIA-CIA-Part1 Question # 189 Topic 19 Discussion

IIA-CIA-Part1 Exam Topic 19 Question 189 Discussion:
Question #: 189
Topic #: 19

An internal auditor assigned to a supplier management process engagement reviews the risk assessment with the process owner The auditor inquires about the risk response for potentially engaging unqualified third-party service providers The process owner responds that due diligence checks are undertaken to make sure that third parties possess requisite competencies before they are engaged Which of the following risk management techniques is the process owner using?


A.

Risk avoidance


B.

Risk reduction


C.

Risk sharing


D.

Risk acceptance


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