Financial CCSA Exam
Certification in Control Self-Assessment (CCSA) (Page 4 )

Updated On: 7-Feb-2026
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The entire objectives-risks-controls infrastructures of an organization are subject to greater monitoring and continuous improvements due to:

  1. Accountability for control
  2. Measuring methodology
  3. Evaluation methodology
  4. Self-assessment methodology

Answer(s): D



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Which of the following is Correct?

  1. Internal audit can focus on validating the evaluation conclusions produced by control- self assessment.
  2. controlling can focus on validating the evaluation conclusions produced by control- self assessment.
  3. Internal audit can focus on resource and budgetary produced by control-self assessment.
  4. Internal audit can focus on better risk assessment produced by control-self assessment.

Answer(s): A



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Which of the following is Correct?

  1. In traditional approach, reporting was done by work teams and in control self- assessment approach it is done by auditors.
  2. In traditional approach, reporting was done by auditors and in control self-assessment approach it is done by work teams.
  3. In traditional approach, setting business objectives were done by auditors and in control self-assessment approach it is done by management.
  4. In traditional approach, accessing risks were done by auditors and in control self- assessment approach it is also done by auditors.

Answer(s): B



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In traditional approach, evaluating risks and controls were done by auditors and in control self-assessment approach it is done by work teams.

  1. True
  2. False

Answer(s): A



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In traditional approach, objectives used were of management's and in control self- assessment approach it is of work teams'.

  1. True
  2. False

Answer(s): B






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