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Exam IIA-CIA-Part2 topic 5 question 272 discussion

Actual exam question from IIA's IIA-CIA-Part2
Question #: 272
Topic #: 5
[All IIA-CIA-Part2 Questions]

Which of the following tools or techniques is most appropriate to help an auditor identify the most commonly occurring problem in a given environment?

  • A. Histogram.
  • B. Pareto analysis.
  • C. Run chart.
  • D. Scatter diagram.
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Suggested Answer: A 🗳️
by emtofid at Sept. 13, 2024, 2:06 p.m.

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emtofid
9 months, 4 weeks ago
Selected Answer: B
A Pareto analysis, often presented as a Pareto chart, helps to identify the most significant factors by highlighting the frequency or impact of various issues, following the 80/20 rule (where 80% of problems typically stem from 20% of causes). This makes it ideal for pinpointing the most commonly occurring problem.
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