ExamTopics Logo
Mail Us[email protected]
Menu
Iia Discussions
exam questions

Exam IIA-CIA-Part1 All Questions

View all questions & answers for the IIA-CIA-Part1 exam
Go to Exam

Exam IIA-CIA-Part1 topic 6 question 263 discussion

Actual exam question from IIA's IIA-CIA-Part1
Question #: 263
Topic #: 6
[All IIA-CIA-Part1 Questions]

An internal auditor is assessing fraud risks and creating a fraud risk matrix for a particular branch location. Which of the following is most likely to be included in the matrix?

  • A. Risks and relevant mitigating controls.
  • B. Business processes and relevant fraud risks.
  • C. Fraud scenarios and relevant risks.
  • D. Opportunity, rationalization, and pressure to commit fraud.
Show Suggested Answer Hide Answer
Suggested Answer: D 🗳️
by Kozy at July 5, 2025, 5:18 p.m.

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Submit Cancel
Kozy
4 weeks ago
Selected Answer: D
What a Fraud Risk Matrix Includes: -Business processes or functions (e.g., procurement, payroll) -Relevant fraud risks (e.g., ghost employees, fictitious vendors) Sometimes includes columns for: -Risk likelihood -Risk impact -Mitigating controls -Residual risk levels
upvoted 1 times
Kozy
4 weeks ago
B. Business processes and relevant fraud risks. Correct
upvoted 1 times
...
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel