Exam IIA-CIA-Part1 All QuestionsBrowse all questions from this exam
Question 185

Which of the following decisions made during the testing phase of a compliance audit requires the most judgment by an internal auditor?

    Correct Answer: C

    Deciding whether an individual expenditure is allowable requires the most judgment by an internal auditor. This task involves interpreting complex regulations, standards, and policies, and requires a thorough understanding of the specific circumstances of each expenditure. Determining allowability often involves a subjective assessment and may not always be straightforward, thus requiring significant professional judgment.

Discussion
TracyhyOption: D

The ans should be D as the tolerable level is determined by auditors

vidhya19Option: A

I feel the answer is A

NimishagoelOption: A

I think the answer should be A because all the other options are the ones that must be agreed on by the management prior to the review