Question: 1
The policy of some organizations is to have engagement clients respond to engagement communications by writing to an administrative vice president who has the primary responsibility for follow-up. Under such arrangements, copies of responses are usually sent to the internal audit activity, which reviews them for adequacy. If the IAA considers the response to a particular report inadequate, which of the following is the most appropriate course of action?
Question: 2
Management is beginning to take corrective action on personnel department deficiencies reported during the last engagement performed by the internal audit activity. The internal auditor should
Question: 3
During an engagement to perform an assurance service related to purchasing, the internal auditors found several violations of organizational policy concerning competitive bidding. The same condition had been reported in an engagement communication last year and corrective action had not been taken. Which of the following best describes the appropriate action concerning these repeat observations?
Question: 4
Recommendations in engagement communications may, or may not, actually be implemented. Which of the following best describes internal auditing's role in follow-up on engagement recommendations? Internal auditing
Question: 5
After an engagement report with adverse observations has been communicated to appropriate engagement client personnel, internal auditing's proper action is to