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CISA Information System Auditing Process Practice Question

During an IS audit, the auditor finds that a control deficiency could result in a material misstatement. According to ISACA standards, this should be classified as:

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

A material weakness

A material weakness is a deficiency or combination of deficiencies that results in a reasonable possibility that a material misstatement will not be prevented or detected.

Answer analysis

Option-by-option breakdown

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

  • An observation

    Why it's wrong here

    Incorrect; an observation is less severe, typically a minor issue.

  • A deficiency

    Why it's wrong here

    Incorrect; a deficiency is a general term; material weakness is the highest severity.

  • A finding

    Why it's wrong here

    A finding is a general audit observation; however, this scenario specifies a control deficiency that could result in a material misstatement, which ISACA standards require to be classified more severely. Such a significant risk necessitates a specific classification beyond a mere finding to ensure it receives appropriate management attention and remediation. While all audit observations are initially findings, this option would only be correct for less severe observations that do not carry the potential for a material misstatement or other high-impact consequences.

  • A material weakness

    Why this is correct

    Correct; a material weakness is a deficiency that could result in material misstatement.

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JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

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