Question: 1
According to NA guidance, which of the following conditions would enhance the independence of the internal audit activity?
Question: 2
According to the International Professional Practices Framework, which of the following is the appropriate division of responsibilities for the coordination of internal and external audit efforts?
I.
Oversight of Work
Coordination of Activities
Chief audit executive
Senior management
II.
Board
Chief audit executive
III.
Chief financial officer
Chief audit executive
IV.
Board
Chief financial officer
Question: 3
If an internal auditor discloses confidential information in response to a lawsuit, the internal auditor has violated:
Question: 4
An organization has a policy requiring two signatures on all checks written for amounts in excess of $10,000. When evaluating controls over disbursements, an auditor would conclude that a greater risk exists if:
Question: 5
An internal auditor plans to use an analytical review to verify the correctness of various operating expenses in a division. The use of an analytical review as a verification technique would not be a preferred approach if: