CIMA Exam CIMAPRA19-P03-1 Topic 4 Question 35 Discussion

Actual exam question for CIMA's CIMAPRA19-P03-1 exam

Question #: 35
Topic #: 4

You have been assigned the role of lead internal auditor. Your task is to carryout the annual assessment of the production line maintenance department.

When planning for this audit, which of the following must be completed?

APrepare the report.

BEstablish whether the controls are adequate or not.

CDecide how the controls will be tested.

DLearn all about the systems and controls in the department.

ECarefully consider any control weaknesses that are reported.

FReview previous audit findings for the department.

Show Suggested Answer

Suggested Answer: B, E, F

by Nobuko at Nov 26, 2023, 09:31 PM

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Jillian

2 months ago

I don't know, man, I'd just show up with a clipboard and a confident stride. That's how you ace an audit, right?

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Daron

2 days ago

C) Decide how the controls will be tested.

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Nathan

22 days ago

B) Establish whether the controls are adequate or not.

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Huey

27 days ago

A) Prepare the report.

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Daniel

1 months ago

C) Decide how the controls will be tested.

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Matthew

1 months ago

B) Establish whether the controls are adequate or not.

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Luther

1 months ago

A) Prepare the report.

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Desiree

2 months ago

Nah, nah, nah, it's gotta be F - Review previous audit findings for the department. You can't just march in there blind, you need to know what's been going on!

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Judy

2 months ago

Hold up, I'm going with B - Establish whether the controls are adequate or not. Isn't that like, the whole point of the audit?

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Lashandra

8 days ago

Absolutely, that is a fundamental step in evaluating the production line maintenance department.

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Verdell

9 days ago

Definitely, assessing the adequacy of controls is essential for the audit.

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Glen

13 days ago

I agree, that is a key aspect of the audit process.

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Martina

18 days ago

Yes, you're right. It is crucial to determine if the controls are sufficient.

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Tyisha

2 months ago

Hmm, I'm pretty sure it's D - Learn all about the systems and controls in the department. You can't audit what you don't understand, am I right?

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Stephania

14 days ago

Absolutely, you need to have a good grasp of the department's operations before assessing their controls.

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Elouise

15 days ago

Yes, understanding the systems and controls is crucial for a successful audit.

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Pamella

16 days ago

F) Review previous audit findings for the department.

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Ashton

17 days ago

E) Carefully consider any control weaknesses that are reported.

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Viki

18 days ago

D) Learn all about the systems and controls in the department.

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Carlee

19 days ago

C) Decide how the controls will be tested.

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Starr

20 days ago

B) Establish whether the controls are adequate or not.

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Maryann

21 days ago

A) Prepare the report.

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Jani

22 days ago

F) Review previous audit findings for the department.

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Dorinda

26 days ago

E) Carefully consider any control weaknesses that are reported.

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Valentin

27 days ago

C) Decide how the controls will be tested.

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Keena

28 days ago

B) Establish whether the controls are adequate or not.

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Fidelia

1 months ago

A) Prepare the report.

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Destiny

2 months ago

We also need to carefully consider any control weaknesses that are reported.

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Twila

2 months ago

I agree, that will give us a good starting point for the audit.

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Ty

2 months ago

Woah, this is a tricky one! I think the correct answer is C - Decide how the controls will be tested. You gotta have a plan for how you're gonna assess those controls, right?

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