Exam CISA topic 1 question 1240 discussion

Actual exam question from Isaca's CISA

Question #: 1240
Topic #: 1

During an audit of payment services of a branch based in a foreign country, a large global bank's audit team identifies an opportunity to use data analytics techniques to identify abnormal payments. Which of the following is the team's MOST important course of action?

A. Request the data from the branch as the team audit charter covers the country where it is based.
B. Conduct a walk through of the analytical strategy with stakeholders of the audited branch to obtain their buy-in.
C. Consult the legal department to understand the procedure for requesting data from a different jurisdiction.
D. Agree on a data extraction and sharing strategy with the IT team of the audited branch.

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Suggested Answer: C 🗳️

by Swallows at July 15, 2024, 12:57 a.m.

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choboanon

7 months, 3 weeks ago

Selected Answer: C

Answer is C

upvoted 2 times

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Swallows

11 months, 4 weeks ago

Selected Answer: D

Agreeing on a data extraction and sharing strategy is crucial as it ensures that the required data is obtained and facilitates the audit process, allowing for efficient data analysis.

upvoted 1 times

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