IIA-CIA-Part1 Exam Dumps | An internal auditor extended the scope of testing for a disbursements engagement following a fraud risk

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Question 334/349

An internal auditor extended the scope of testing for a disbursements engagement following a fraud risk assessment Despite the investment of additional audit resources no significant issues were found Unfortunately a major payment fraud was discovered several months later According to IIA guidance which of the following statements is true regarding the internal auditor's application of due professional care?

A. Due professional care was not applied because no additional work should have been performed unless there was actual evidence of fraud

B. Due professional care was not applied because the extended scope resulted in no issues being identified, while fraud actually existed

C. Due professional care was applied as the internal auditor modified the scope based on reasonable judgment, despite the additional cost of resources

D. Due professional care was applied as the cost of audit resources should not be a determining factor in the degree of testing undertaken

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Question 334/349

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