Certified Internal Auditor Communication & Stakeholder Relations 2

Question 1

An internal auditor discovers a significant control deficiency during a field review. Which communication action should occur FIRST?

Accepted Answer

Discuss the finding with the process owner to validate facts

Answer

Discussing findings with the process owner first ensures factual accuracy and gives management the opportunity to clarify or provide context before formal reporting.

Question 2

Which attribute of audit communication ensures that report recipients can clearly act on the information provided?

Accepted Answer

Actionability

Answer

Actionability means findings and recommendations are presented in a way that enables stakeholders to take corrective steps.

Question 3

A CAE needs to maintain objectivity while presenting audit results to an executive who funds the audit department. Which approach BEST preserves independence?

Accepted Answer

Present all findings factually regardless of the executive's preferences

Answer

Objectivity requires internal auditors to present findings factually without bias, regardless of the stakeholder's position or influence.

Question 4

When distributing an audit report containing sensitive findings, the CAE should PRIMARILY consider:

Accepted Answer

Established policies on report distribution and need-to-know

Answer

Report distribution should follow established organizational policies that balance transparency with appropriate confidentiality based on sensitivity.

Question 5

An audit team member disagrees with the CAE's conclusion in the draft report. According to IIA Standards, what is the APPROPRIATE resolution?

Accepted Answer

The CAE makes the final decision but the dissenting view may be documented

Answer

The CAE has final authority over audit conclusions, but IIA guidance allows dissenting opinions to be noted in the report or working papers.

Certified Internal Auditor Practice Test

Certified Internal Auditor Practice Test

Certified Internal Auditor Communication & Stakeholder Relations 2