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Information System Auditing ProcesshardMultiple ChoiceObjective-mapped

CISA Information System Auditing Process Practice Question

An IS auditor is assessing the risk of fraud in a financial system. Which combination of audit risk components is most directly relevant?

Answer choices

Why each option matters

Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.

Correct answer & explanation

Inherent risk, control risk, and detection risk

Audit risk = inherent risk × control risk × detection risk; all three combine to determine overall risk.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • Control risk and detection risk only

    Why it's wrong here

    Inherent risk is also relevant.

  • Inherent risk and detection risk only

    Why it's wrong here

    Control risk is also a factor.

  • Inherent risk, control risk, and detection risk

    Why this is correct

    All three components affect audit risk.

  • Inherent risk and control risk only

    Why it's wrong here

    Detection risk is also a component.

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JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

This CISA practice question is part of Courseiva's free ISACA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the CISA exam.