IIA Exam IIA-CGAP Topic 3 Question 96 Discussion

Actual exam question for IIA's IIA-CGAP exam

Question #: 96
Topic #: 3

[All IIA-CGAP Questions]

The application of appropriate standards depends on all of the following EXCEPT:

AThe objective of the engagement

BAvailability of information.

CLegally binding agreement

DOther mandates or local requirements relevant to the audit organization and the engagement itself.

Show Suggested Answer

Suggested Answer: A

by Micheline at Jan 26, 2025, 12:44 AM

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Vinnie

1 hours ago

D) Other mandates or local requirements relevant to the audit organization and the engagement itself. Definitely the correct answer. The application of standards is all about the context and specific requirements, not any legally binding agreement.

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Avery

5 days ago

Hmm, I'm not sure about this one. Isn't the legally binding agreement kind of important in determining the standards to be applied? I better double-check that.

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Roxanne

9 days ago

I think the correct answer is C) Legally binding agreement. The application of standards doesn't depend on any legally binding agreement, it's more about the objectives, available information, and relevant requirements.

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