New Year Sale Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ac4s65

An internal auditor at a bank informed the branch manager of a malfunctioning lock on...

IIA IIA-CIA-Part2 Full Course Access
IIA IIA-CIA-Part2 View All Questions

An internal auditor at a bank informed the branch manager of a malfunctioning lock on one of the vaults. The risk associated with this issue was deemed significant by the chief audit executive (CAE), and immediate remediation was recommended However during a follow-up engagement the branch manager told the CAE that the risk was actually not significant, hence no action was taken. What is the most appropriate next step for the CAE?

A.

Inform senior management that the branch manager deeded to cancel the committed action plan without any previous communication

B.

Discuss the issue with the board which has ultimate responsibility to resolve the risk

C.

Have another discussion with the branch manager attempt to change his view, and encourage him to movement the recommendations

D.

Document the branch manager's decision to accept the risk otherwise, no other speak: course of action is required.

IIA-CIA-Part2 PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now IIA-CIA-Part2 pdf
Get 65% Discount on All Products, Use Coupon: "ac4s65"
Next
What type of audit engagement would be the most appropriate to determine how an organization...
Which of the following parties is accountable for ensuring adequate support for conclusions and opinions...
Previous