IIA-CIA-Part1 Exam - Question 47

Question

It would be appropriate for an internal audit activity to use consultants with expertise in health-care benefits when the internal audit activity is:

I. Conducting an audit of the organization's estimate of its liability for post retirement benefits, which include health care benefits.

II. Comparing the cost of the organization's health care program with that of other programs offered in the industry.

III. Training its staff to conduct an audit of health care costs in a major division of the organization.

Examice · Accepted Answer

It would be appropriate for an internal audit activity to use consultants with expertise in health-care benefits when the internal audit activity is:

I. Conducting an audit of the organization's estimate of its liability for post retirement benefits, which include health care benefits.

II. Comparing the cost of the organization's health care program with that of other programs offered in the industry.

III. Training its staff to conduct an audit of health care costs in a major division of the organization.

Wintergirl · Answer

Hi! Can somebody explain why the correct answer includes option II?

Ahmad3224 · Answer

consultants with expertise in health-care benefits have knowledge of the other healthcare programs offered in the industry, and will help in measuring the cost effectiveness of the current program in place.

ShadyB · Answer

I chose "B" but "D" is the correct answer because it is a CONSULTANT service not ASSURANCE

IIA-CIA-Part1 Exam - Question 47

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