Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 181

Which of the following activities is an internal auditor most likely to perform when establishing the objectives of an assurance engagement?

Answer options

• A. Discuss the internal audit risk assessment, including applicable risks and objectives, with internal audit management.
• B. Perform a walk-through of the process under review to determine whether controls were operating effectively.
• C. Identify which controls will be tested and the sampling method to be used based on control risk.
• D. Meet with operational management to learn about any areas of concern and to agree on the engagement objectives.

Correct answer: A

Explanation

The correct answer is A, as discussing the internal audit risk assessment with management is crucial for defining the objectives of the engagement. Options B, C, and D involve activities that occur after objectives are set, such as testing controls or gathering information on concerns.