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IIA Internal Audit Engagement IIA-CIA-Part2 Question # 141 Topic 15 Discussion

IIA Internal Audit Engagement IIA-CIA-Part2 Question # 141 Topic 15 Discussion

IIA-CIA-Part2 Exam Topic 15 Question 141 Discussion:
Question #: 141
Topic #: 15

An internal auditor is reviewing the accuracy of commission payments by recalculating 100% of the commissions and comparing them to the amount paid. According to IIA guidance, which of the following actions is most appropriate for identified variances?


A.

Document the results and report the overall percentage of variances.


B.

Determine the significance of the variances and investigate causes as needed.


C.

Review the results and investigate the cause of all variances.


D.

Report all variances to management and request an action plan to remediate them.


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