Welcome to ExamTopics
ExamTopics Logo
- Expert Verified, Online, Free.
Mail Us [email protected]
Menu

Unlimited Access

Get Unlimited Contributor Access to the all ExamTopics Exams!
Take advantage of PDF Files for 1000+ Exams along with community discussions and pass IT Certification Exams Easily.
Iia Discussions

Exam IIA-CIA-Part2 topic 1 question 54 discussion

Actual exam question from IIA's IIA-CIA-Part2
Question #: 54
Topic #: 1
[All IIA-CIA-Part2 Questions]

An auditor is scheduled to audit payroll controls for a company which has recently outsourced its processing to an information service bureau. What action should the auditor take, considering the outsourcing decision?

  • A. Review the controls over payroll in both the company and the service bureau.
  • B. Review only the company's controls over data sent to and received from the service bureau.
  • C. Review only the controls over payments to the service bureau based on the contract.
  • D. Cancel the engagement because the processing is being performed outside of the organization.
Show Suggested Answer Hide Answer
Suggested Answer: A 🗳️
by Jmann at Oct. 3, 2020, 1:44 a.m.

Comments

Chosen Answer:
This is a voting comment (?) , you can switch to a simple comment.
Switch to a voting comment New
Submit Cancel
Jmann
3 years, 6 months ago
Why A, wouldn't you rely on SOC1
upvoted 1 times
Thila
3 years, 5 months ago
I believe the service bureau needs to contract with an independent accounting and auditing firm to perform an audit in accordance with SSAE 18 to produce the SOC report. Also, SOC 1 relates to internal controls over financial reporting.
upvoted 2 times
...
...

Get IT Certification

Unlock free, top-quality video courses on ExamTopics with a simple registration. Elevate your learning journey with our expertly curated content. Register now to access a diverse range of educational resources designed for your success. Start learning today with ExamTopics!

Start Learning for free
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