최신 IIA-CIA-Part2 무료덤프 - IIA Practice of Internal Auditing

A. The engagement supervisor should ask another manager-level internal auditor not associated with the project to sign the workpaper on his behalf

B. Because the engagement supervisor called the help desk to correct the IT problem, he should upload the support-request ticket from the help desk to serve as evidence of the review

C. The engagement supervisor should print sign and date each workpaper after the review is complete and scan the document into the database as evidence of review

D. The engagement supervisor should instruct the staff internal auditor to add a note in the workpaper on his behalf indicating that the workpaper was reviewed and feedback was provided

A. Issue an internal control questionnaire to the director of bank operations.

B. Issue an internal control questionnaire to select branch managers.

C. Issue an internal control questionnaire to the president of the organization.

D. Issue an internal control questionnaire to select branch customers.

A. Relevancy.

B. Reliability.

C. Sufficiency.

D. Usefulness.

A. The risk management process can provide more extensive internal audit services to the organization if it does not have an internal audit department

B. The risk management process supports internal audit by evaluating whether critical controls are adequate and effective.

C. The risk management process establishes an organization-specific documented risk management framework.

D. The risk management process can determine whether all significant risks have been identified and are being treated.

A. Chief audit executive

B. Senior management

C. External auditors

D. Board of directors

A. Seventeen percent of customers' open balances in the sample exceed their approved unsecured credit rent

B. The threshold for credit limits defined by the organization's policy is not adequate

C. Credit limit over drafts are not monitored in accordance with the organizations policy

D. Management should perform monthly monitoring of open customer balances

A. To focus on and strengthen core audit competencies.

B. To provide the organization with appropriate contingency planning for the internal audit function.

C. To gain access to a wider variety of skills, competencies and best practices.

D. To complement existing expertise with a required skill and competency for a particular audit engagement.

A. Internal and external audit reports.

B. The board's meeting records.

C. The corporate risk register.

D. The strategic plan.

A. Independently evaluating conflicts of interests.

B. Performing statistical analysis for data anomalies.

C. Preparing evidentiary documentation.

D. Assessing contracts for relevant terms and conditions.

A. Audit criteria should represent reasonable standards against which to assess existing conditions.

B. Audit criteria should equate to good or acceptable management practices.

C. Audit criteria should provide flexibility but allow identification of nonadherence.

D. Audit criteria should be consistent across audit assignments.

A. Policy statements.

B. Remittance advices.

C. Canceled checks.

D. Confirmation letters.

A. Employee master list.

B. Payment records.

C. Purchasing policy.

D. Vendor contracts.

A. Workpapers should be understandable to the auditor in charge and the chief audit executive.

B. Workpapers should be understandable to another internal auditor who was not involved in the engagement.

C. Workpapers should be understandable to the audit client and the board.

D. Workpapers should be understandable to external auditors and regulatory agencies.

A. The level of control is excessive given the level of risk

B. There is not enough of information to determine whether the controls are appropriate or not

C. The level of control is appropriate given the level of risk

D. The level of control is inadequate given the level of risk