Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 141

Which of the following risk assessment approaches involves gathering data from work teams representing different levels of an organization?

Answer options

• A. Surveys.
• B. Management-produced analysis.
• C. Facilitated team workshops.
• D. Weighted risk factors.

Correct answer: C

Explanation

The correct choice, C, 'Facilitated team workshops,' is designed to bring together diverse teams to collaboratively assess risks, ensuring multiple perspectives are considered. Options A, B, and D do not specifically involve interactive engagement from teams at various levels, as surveys are more individual, management analysis is top-down, and weighted risk factors are more analytical than participative.