IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Question # 41 Topic 5 Discussion

IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Question # 41 Topic 5 Discussion

IIA-CIA-Part3-3P Exam Topic 5 Question 41 Discussion:
Question #: 41
Topic #: 5

When assessing the adequacy of a risk mitigation strategy, an internal auditor should consider which of the following?

1) Management’s tolerance for specific risks.

2) The cost versus benefit of implementing a control.

3) Whether a control can mitigate multiple risks.

4) The ability to test the effectiveness of the control.


A.

1, 2, and 3


B.

1, 2, and 4


C.

1, 3, and 4


D.

2, 3, and 4


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