Certified Supplier Quality Professional (CSQP) Practice Exam

What is the greatest value of retaining prior audit records for the audit function?

1. Assists in the preparation for the next audit

2. Provides a backup record if the client misplaces their report

3. Determines the timing necessary for a follow-up audit

4. Assists in the orientation and training of new auditors

The correct answer is: Assists in the preparation for the next audit

Retaining prior audit records for the audit function is important because it assists in the preparation for the next audit. By referencing past audit records, auditors can identify trends, areas of improvement, and potential risks that need to be addressed in the upcoming audit. This historical data provides valuable insights and helps in creating a more effective audit plan. This practice enhances the efficiency and effectiveness of the audit process. The other options are not directly related to the primary purpose of retaining prior audit records. While providing a backup record if the client misplaces their report may be a useful secondary benefit, determining the timing for a follow-up audit and assisting in the orientation and training of new auditors are not the core reasons for retaining prior audit records.