IIA IIA-CIA-Part2 Quiz 134 Topic 4 Questions 666-670

Question: 1

Standardized working papers are often used, chiefly because they allow working papers to be prepared more

AEfficiently.

BProfessionally.

CNeatly.

DAccurately.

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Question: 2

When reviewing engagement working papers, the primary responsibility of an engagement supervisor is to determine that

AEach worksheet is properly identified with a descriptive heading.

BWorking papers are properly referenced and kept in logical groupings.

CStandard internal audit activity procedures are adhered to with regard to working paper preparation and technique.

DWorking papers adequately support the engagement observations, conclusions, and recommendations.

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Question: 3

Which of the following should be identified as a deficiency by an engagement supervisor who is reviewing working papers?

AA memorandum recorded in the working papers explained why the time budget for a part of the engagement was exceeded.

BA draft communication concerning an engagement observation recorded in the working papers omitted the criteria used for evaluation.

CA memorandum recorded in the working papers explained why an engagement work program step was omitted.

DA letter to the engagement client outlining the scope of the engagement was recorded in the working papers.

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Question: 4

Working papers contain a record of engagement work performed and much confidential information. They are the property of the internal audit activity, which is responsible for their security. Which of the following is the most important control requirement for working papers?

AAllow access to working papers only to internal audit activity personnel.

BProvide for the protection of working papers at all times and to the extent appropriate.

CMake the administrative section of the internal audit activity responsible for the
security of working papers.

DPurge working papers periodically of materials that are considered confidential.

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Question: 5

Which of the following actions constitutes a violation of the confidentiality concept regarding working papers? An internal auditor

ATakes working papers to her hotel room overnight.

BShows working papers on occasion to engagement clients.

CAllows the external auditor to copy working papers.

DMisplaces working papers occasionally.

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IIA IIA-CIA-Part2 Quiz:134 Topic:4 Questions:666-670