IIA Exam IIA-CCSA Topic 3 Question 54 Discussion

Actual exam question for IIA's IIA-CCSA exam

Question #: 54
Topic #: 3

Who identified internal control components including Control environment, Information & communication, risk assessment, control activities and Monitoring?

AThe American Institute of Standards (AIS)

BThe American Institute of Certified Professional Accountants (AICPA)

CThe American Institute of Certified Control (AICC)

DThe American Institute of Professional Studies (AIPS

Show Suggested Answer

Suggested Answer: B

by Gail at Jan 07, 2023, 10:07 AM

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Garry

7 days ago

Haha, the AICC? That sounds like a made-up organization. Gotta be the AICPA on this one.

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Murray

17 days ago

The AICPA seems like the most logical choice. I remember learning about their framework for internal controls in my accounting classes.

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I think the AICPA is the correct answer here. They're the leading professional organization for accountants in the US, so it makes sense they would have identified these key internal control components.

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Slyvia

22 days ago

I agree with Floyd, AICPA sets the standards for internal control components.

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Floyd

23 days ago

I think it's AICPA because they are experts in accounting standards.

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Marjory

25 days ago

B) The American Institute of Certified Professional Accountants (AICPA)

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IIA Exam IIA-CCSA Topic 3 Question 54 Discussion

Contribute your Thoughts:

Garry

Murray

Rebbecca

Slyvia

Floyd

Marjory