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IIA Internal Audit Engagement IIA-CIA-Part2 Question # 133 Topic 14 Discussion

IIA Internal Audit Engagement IIA-CIA-Part2 Question # 133 Topic 14 Discussion

IIA-CIA-Part2 Exam Topic 14 Question 133 Discussion:
Question #: 133
Topic #: 14

In which of the following situations would it be most appropriate for an internal audit function to issue an interim report or memo?


A.

A scheduled audit observed that several agreed improvements from the previous audit were still being implemented.


B.

A planned inventory count at the production plant revealed a material variance.


C.

An employee shared concerns of suspected fraud but did not provide evidence.


D.

An auditor responsible for the fieldwork has carried out only half of the planned audit procedures and has no observations so far.


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