Exam IIA-CIA-Part1 All QuestionsBrowse all questions from this exam
Question 64

Which of the following represents the most effective governance structure?

I.

Operating -

Executive -

Internal -

Management -

Management -

Auditing -

Responsibility for risk -

Oversight role -

Advisory role -

II.

Oversight role -

Responsibility for risk -

Advisory role -

III.

Responsibility for risk -

Advisory role -

Oversight role -

IV.

Oversight role -

Advisory role -

Responsibility for risk -

    Correct Answer: D

    The most effective governance structure follows the hierarchy of oversight, advisory, and responsibility for risk. Option IV places the oversight role at the top, followed by the advisory role and then the responsibility for risk. This structure ensures that those in oversight positions are properly overseeing those who provide advice, who in turn help those with direct responsibility for risk management, creating a clear and logical chain of command.

Discussion
Nagu

Not sure why answer B is wrong.

Guest4768

I recommend you to google the meaning of the word oversight as it seems the problem is in your English capability. Operational management cannot oversight executive management, which is supervising the operational management.