Examice

Exam IIA-CIA-Part1 All QuestionsBrowse all questions from this exam

Question 40

Which of the following best describes how the increased use of computerization may impact an auditor's assessment of the risk of fraud?

Access to assets may be available to information systems personnel as well as to computer users.

Computer controls are generally less effective than human review.

Overrides of key controls may require less collaboration.

Audit trails are less effective.

Correct Answer: C

Increased use of computerization can affect how key controls are overridden. With digital systems, it often becomes easier and faster to override controls without requiring extensive collaboration or physical presence, thus changing an auditor’s assessment of fraud risk. This makes option C the most accurate as it directly addresses a critical aspect of fraud risk in computerization scenarios.

Discussion

Elvoo

So is it A or C?

John1237Option: A

1-Here the ASSETS are concerned by the risk of fraud (option A). 2-The statements B, C and D seem to be false.

poundrOption: A

Overrides of key controls- cannot be determined auditor's assessment of the risk of fraud hence A as access control is the weak

anmol009Option: C

Even I think its C, Can someone please mention the reason for A ?

John1237

There may also be a lack of segregation of duties, given the accessibility of the computer to many individuals.

Ivana2000Option: C

Why A? and not C?