Which of the following scenarios would most likely impair the independence of an internal audit activity?
What controls could be implemented as a preventive measure against malicious insider threats, such as an unauthorized employee obtaining electronic customer sales information and later selling them to a competitor?
Which of the following statements best represents the due professional care that is required of internal auditors?
Which of the following statements is true regarding the quality assurance and improvement program (QAIP)?
Senior management purchased surveillance cameras and installed them over a door that provides entry to an area where according to a recent internal audit report, hazardous materials exist and there is a high risk of explosion Which type of control was implemented in this situation?
An IT contractor applied for an internal audit position at a bank. The contractor worked for the bank ' s IT security manager two years ago. If the audit manager interviewed the contractor and wants to extend a job offer, which of the following actions should the chief audit executive pursue?
Which of the following is the primary benefit of an effective professional development program for internal auditors?
In terms of governance, which of the following best characterizes the relationship between senior management, the board, and owners or investors?
According to IIA guidance, which of the following is accurate regarding the chief audit executive ' s (CAE ' s) requirement to report the results of quality assessments?
1. The CAE must report the results of external assessments at least annually.
2. The CAE must report the results of ongoing monitoring at least annually.
3. The CAE must report the results of quality assessments to senior management.
4. The CAE must report the results of quality assessments to the board.
An organization’s senior management decided to outsource the payroll function. A few payroll service providers are currently under review.
Which of the following engagements, if performed by the internal audit function, would best assure that senior management has performed comprehensive due diligence when choosing the service provider?
Which of the following best describes why a chief audit executive might obtain the services of a fraud specialist to assist in a major fraud investigation ' ?
Which of the following is a legitimate role for the internal audit activity in the organization ' s risk management process ' ?
Of all the common characteristics of frauds, which of the following can the organization influence the most?
According to the Standards, in today ' s technology and business environments, how much computer and information systems-related knowledge and skills must an internal auditor have to be effective in fulfilling his job responsibilities?
Which of the following is a primary benefit of implementing a governance risk management and compliance framework within an organization?
Which of the following is ultimately responsible for the continuing professional development of internal audit activity staff?
An internal auditor extended the scope of testing for a disbursements engagement following a fraud risk assessment Despite the investment of additional audit resources no significant issues were found Unfortunately a major payment fraud was discovered several
months later According to IIA guidance which of the following statements is true regarding the internal auditor ' s application of due professional care?
Which of the following documents are internal auditors most likely to be asked to sign as a demonstration of due professional care?
A description of their job responsibilities,
To comply with the proficiency standard, which of the following would the chief audit executive likely consider as the primary hiring criterion when choosing a new internal auditor?
