Question: 1
In advance of a preliminary survey, a chief audit executive sends a memorandum and questionnaire to the supervisors of the department to be audited. What is the most likely result of that procedure?
Question: 2
Which of the following would be the least desirable criteria against which to judge current operations of an organization's treasury function?
Question: 3
An internal auditor compared the number of human resources professionals per employee with industry standards. This comparison would assist the auditor in evaluating which of the following areas?
Question: 4
Which of the following best describes the most important criteria when assigning responsibility for specific tasks required in an audit engagement?
Question: 5
A major insurance company provides a discount on automobile insurance if the vehicle meets certain safety criteri
a. Which of the following audit tests would provide an internal auditor with the best evidence that all qualifying insured automobiles are receiving the discount?