CISA Information System Auditing Process Practice Question
Which TWO of the following are components of audit risk in IS auditing?
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
✓
Detection risk
Audit risk consists of inherent risk, control risk, and detection risk. The question asks for TWO; inherent and detection are correct.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Detection risk
Why this is correct
Detection risk is the risk that procedures fail to detect a misstatement.
- ✗
Financial risk
Why it's wrong here
Financial risk is not a standard component of audit risk.
- ✗
Business risk
Why it's wrong here
Business risk is broader and not a component of audit risk.
- ✓
Inherent risk
Why this is correct
Inherent risk is the susceptibility of an assertion to a misstatement before considering controls.
- ✗
Operational risk
Why it's wrong here
Operational risk relates to business operations, not audit risk.
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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.