Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 132

A chief audit executive's report to the board showed a significant trend of recent audits going over planned budgeted hours. Which of the following factors could cause this trend?

Answer options

• A. Poor engagement supervision.
• B. Ineffective board reporting.
• C. Untimely observation follow up and closure.
• D. Limited staff resources.

Correct answer: D

Explanation

The correct answer is D, as limited staff resources can lead to increased audit hours due to a lack of personnel to efficiently complete tasks. Options A and C relate to management and operational issues that may not directly impact the overall audit hours as significantly as staffing shortages. Option B focuses on communication with the board, which, while important, does not directly affect the audit's time management.