IIA Business Knowledge for Internal Auditing IIA-CIA-Part3 Question # 145 Topic 15 Discussion

IIA Business Knowledge for Internal Auditing IIA-CIA-Part3 Question # 145 Topic 15 Discussion

IIA-CIA-Part3 Exam Topic 15 Question 145 Discussion:
Question #: 145
Topic #: 15

The finance department of an organization recently undertook an asset verification exercise. The internal audit function scheduled a review of the IT department’s operations, which includes verifying the existence of computers distributed and their assignment. Can the internal audit function consider relying on the asset verification work performed by the finance department?


A.

Yes, in order to be efficient and make better use of internal audit resources


B.

No, as the finance department is an internal department of the organization


C.

Yes, but the finance manager would be responsible for supporting the conclusions of the work


D.

No, the internal audit function should do its own verification and should not rely on the work of finance


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