IIA IIA-CIA-Part2 Quiz 27 Topic 6 Questions 131-135

Question: 1

When interrogating an individual who is suspected of fraud, it is appropriate to:

ATell the individual that any information disclosed in the interrogation will not be disclosed outside of the company.

BStart the interview with questions to which the interviewer already knows the answer.

CDiscontinue questioning once the individual has confessed to the fraud.

DPrepare a list of questions prior to the interrogation and strictly adhere to the list.

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Question: 2

Questions used to interrogate individuals suspected of fraud should:

AAdhere to a predetermined order.

BCover more than one subject or topic.

CMove from general to specific.

DDirect the individual to a desired answer.

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Question: 3

At the conclusion of an audit of an organization's treasury department, a report was issued to the treasurer, chief financial officer, president, and board. Because of the sensitivity of some findings, a follow-up review was performed. The auditor should provide the report of follow-up findings to the.

1. Treasurer.

2. Chief financial officer.

3. President.

4. Board.

AI and II only

BIII and IV only

CI, II, and III only

DI, II, III, and IV.

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Question: 4

An audit of a company's accounts payable found that the individuals responsible for maintaining the vendor master file could also enter vendor invoices into the accounts payable system. During the exit conference, management agreed to correct this problem. When performing a follow-up engagement of accounts payable, the auditor should expect to find that management has:

ATransferred the individuals who maintained the vendor master file to another department to ensure that responsibilities are appropriately segregated.

BCompared the vendor and employee master files to determine if any unauthorized vendors have been added to the vendor master file.

CChanged the access control system to prevent employees from both entering invoices and approving payments.

DModified the accounts payable system to prevent individuals who maintain the vendor master file from entering invoices.

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Question: 5

What is the primary factor that determines the depth and breadth of audit follow-up?

AThe engagement client's written response to the audit findings.

BThe auditor's assessment of risk associated with the audit findings.

CThe auditor's assessment of personnel responsible for correcting audit findings.

DThe availability of audit personnel and financial resources.

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IIA IIA-CIA-Part2 Quiz:27 Topic:6 Questions:131-135