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Q: 11
Which of the following is an example of collusion?
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Q: 12
An internal auditor who is carrying out an engagement to review controls related to corporate tax reporting must possess which of the following competencies? 1. Proficiency in analyzing key IT risks and controls. 2. The ability to recognize significant deviations from good business practices. 3. Knowledge of key indicators of fraud in tax reporting. 4. The ability to recognize the existence of problems related to tax accounting.
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Q: 13
During an audit engagement, the internal auditor discussed a risk mitigation recommendation with the manager of the area under review. The manager disagreed with the risk assessment and recommendation. The two failed to come up with an alternative solution, and the auditor decided to proceed with including the original recommendation in the engagement report. Which of the following is especially important in dealing with this type of situation?
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Q: 14
Which of the following statements accurately describes the responsibility of the internal audit activity regarding IT governance? 1. The internal audit activity does not have any responsibility because IT governance is the responsibility of the board and senior management of the organization. 2. The internal audit activity must assess whether the IT governance of the organization supports the organization's strategies and objectives. 3. The internal audit activity may assess whether the IT governance of the organization supports the organization's strategies and objectives. 4. The internal audit activity may accept requests from management to perform advisory services regarding how the IT governance of the organization supports the organization's strategies and objectives.
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Q: 15
A credit card company detects potential errors in credit card numbers by checking whether all entered numbers contain the correct amount of digits. This is an example of which of the following IT controls?
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Q: 16
Which of the following items should the chief audit executive disclose to senior management regarding the results of the internal audit activity's quality assessments?
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Q: 17
The chief audit executive (CAE) of a mid-sized pharmaceutical organization has operational responsibility for the regulatory compliance function. The audit committee requests an assessment of regulatory compliance. According to IIA guidance, which of the following is the CAE's best course of action?
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Q: 18
Which of the following is the most common way that occupational fraud is detected?
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Q: 19
According to IIA guidance, which of the following statements describes one of the similarities between assurance and consulting services?
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Q: 20
Which of the following controls could an internal auditor reasonably conclude is effective by observing the physical controls of a large server room?
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Question 11 of 20 · Page 2 / 2

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