Audit Planning & Risk Assessment Flashcards
7 cards from real CCA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Audit Planning & Risk Assessment flashcards as text
The same employee enters, reviews, and approves all fuel-use data. How does this affect the risk assessment?
Answer: It increases control risk due to lack of segregation of duties
Without segregation of duties, errors are less likely to be prevented or caught, which raises control risk.
The verifier finds the client used a superseded edition of EPA eGRID emission factors. What is the right planning response?
Answer: Assess whether the factors are appropriate under the program criteria and estimate the impact
Outdated factors are a risk area, so the verifier should check them against the criteria and measure the potential misstatement.
If inherent risk and control risk are both assessed as high, what follows for acceptable detection risk?
Answer: It must be low, requiring more persuasive evidence
To keep overall verification risk acceptable, high inherent and control risk must be offset by low detection risk.
Continuous emissions monitors at a site have not been calibrated as required. What should the verifier plan to review?
Answer: Calibration and maintenance records, plus how data gaps or bias were handled
Uncalibrated instruments raise measurement uncertainty, so calibration records and the data-substitution treatment become key evidence.
Which emissions category usually carries the highest inherent risk because it relies on third-party data and estimation?
Answer: Scope 3 value chain emissions
Scope 3 relies heavily on supplier data, spend-based estimates, and assumptions, which raises inherent risk.
New information during fieldwork shows a significant source that was missed during planning. What should the verifier do?
Answer: Revise the verification plan and evidence-gathering activities
ISO 14064-3 treats planning as iterative, so the plan must be updated when new risks come to light.
Why might a verifier use a threshold for evaluating individual errors that is lower than overall materiality?
Answer: To allow for the build-up of uncorrected and undetected misstatements
A lower working threshold leaves a buffer so that combined misstatements do not exceed overall materiality.