IIA Certification in Risk Management Assurance IIA-CRMA-ADV Question # 1 Topic 1 Discussion

IIA Certification in Risk Management Assurance IIA-CRMA-ADV Question # 1 Topic 1 Discussion

IIA-CRMA-ADV Exam Topic 1 Question 1 Discussion:
Question #: 1
Topic #: 1

Which of the following audit procedures would provide the most relevant information to identify discrepancies between budgeted versus actual raw material consumption in a production facility?


A.

Analytical review.


B.

Inquiry.


C.

Document verification.


D.

Observation.


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