Exam IIA-CIA-Part3 Topic 5 Question 225 Discussion

Actual exam question for IIA's IIA-CIA-Part3 exam
Question #: 225
Topic #: 5
The process of making sure that the model measures what it is supposed to measure is called:

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Validation is a step in the simulation procedure. Some assurance is needed that the results of the experiment will be realistic. This assurance requires validation of the model -- often using historical data. If the model gives results equivalent to what actually happened, the model is historically valid. There is still some risk, however, that changes could make the model invalid for the future.

by Eve at Oct 23, 2025, 12:00 AM

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