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Exam IIA-CIA-Part2 topic 4 question 21 discussion

Actual exam question from IIA's IIA-CIA-Part2
Question #: 21
Topic #: 4
[All IIA-CIA-Part2 Questions]

The chief audit executive established an internal audit activity (IAA) performance standard requiring all audit reports to be issued within 48 hours of the exit meeting with the client. Which of the following describes an exit meeting strategy that would best help the IAA meet this performance standard?

  • A. The objective of the exit meeting is to reach agreement on audit observations.
  • B. The objective of the exit meeting is to solicit action plans for audit observations.
  • C. The objective of the exit meeting is to confirm final details of fieldwork.
  • D. The objective of the exit meeting is to confirm understanding of audit results
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Suggested Answer: D 🗳️
by balqis32 at Sept. 29, 2023, 8:57 a.m.

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emtofid
10 months, 3 weeks ago
i think the Answer is A. By focusing on reaching agreement on the audit observations during the exit meeting, the IAA can expedite the report finalization process, making it more feasible to issue the report within 48 hours.
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balqis32
1 year, 9 months ago
"to reach agreement" sounds quite demanding
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