Certified Information Security Manager (CISM) Practice Exam

Question: 1 / 400

What type of assurance does an audit provide for a business?

Financial assessment

Risk management

Business assurance

An audit provides business assurance, which refers to the assurance that an organization's processes, controls, and overall governance are functioning effectively to meet its objectives. This encompasses a review of financial statements, compliance with regulations, and the effectiveness of risk management strategies. The audit process evaluates whether the information presented by the management is accurate and reliable, thus instilling confidence in stakeholders such as investors, management, and regulatory bodies.

Business assurance also involves examining the alignment of business operations with strategic goals, providing a comprehensive view of how well the organization is managing its resources and responsibilities. This kind of assurance is essential as it supports decision-making processes, facilitates transparency, and enhances trust among stakeholders.

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Operational efficiency

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