IIA-CGAP practice question 6 of 35

The scope of the audit defines the boundaries of the audit by addressing such items as the audit period or number of locations to be reviewed. Some important considerations when defining the scope of an audit include all of the following given below EXCEPT:

Answer options

A: Program or management objectives (e.g., the audit may be limited to a specific program within an organization).

B: Determine how audit findings should be formulated. Correct answer

C: Risks identified (inherent and control risks), also called level of risks and extent of vulnerability to the risk/strength of control activities.

D: Type and extent of problems found in prior years’ audit reports and Preliminary judgment about materiality levels.

Correct Answer:

B. Determine how audit findings should be formulated.

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