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

IIA-CIA-Part1 Exam - Question 81


Which of the following statements regarding organizational governance is not correct?

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Correct Answer: B

Organizational governance entails ensuring accountability within the organization. This accountability is primarily to stakeholders such as shareholders, board members, or regulatory bodies rather than customers. Therefore, the statement that 'Those performing governance activities are accountable to the customer' is not correct.

Discussion

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mkanchwalaOption: D
Sep 1, 2021

Both b and d seem to be correct answers. Can someone explain why D is not incorrect? In my view, governance principles are also applicable to profitable organizations and not only governmental and non-profit ones. Thanks in advance.

Magic_FabOption: B
Oct 24, 2021

the statement of D is correct; so since the question is which one is not correct, the reply to choose is B

UmardOption: D
Jun 10, 2022

Option D is correct because the statement alone (without any condition) is correct.