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Exam IIA-CIA-Part1 topic 1 question 74 discussion

Actual exam question from IIA's IIA-CIA-Part1
Question #: 74
Topic #: 1
[All IIA-CIA-Part1 Questions]

Which of the following would be the least desirable criteria against which to judge current operations of a company's treasury function?

  • A. The operations of the treasury function as documented during the last audit engagement.
  • B. Company policies and procedures delegating authority and assigning responsibilities.
  • C. Finance textbook illustrations of generally accepted good treasury function practices.
  • D. Codification of best practices of the treasury function in relevant industries.
Show Suggested Answer Hide Answer
Suggested Answer: A 🗳️

Comments

Chosen Answer:
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starzuu
1 month ago
I feel like C makes more sense.
upvoted 1 times
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John1237
1 year, 11 months ago
These are current operations. Information should be more current than those of the last audit report.
upvoted 1 times
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Magic_Fab
2 years, 6 months ago
Is it A because it is "partisan"?
upvoted 2 times
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Community vote distribution
A (35%)
C (25%)
B (20%)
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