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Question 431 - IIA-CIA-Part1 discussion

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A whistle blower notified internal audit of a conflict of interest between an organization's employee and a major supplier. Which of the following steps should be undertaken first?

A.
Interview the employee identified by the whistleblower.
Answers
A.
Interview the employee identified by the whistleblower.
B.
Attain an understanding of the employee's role, responsibilities, and relationship with the supplier.
Answers
B.
Attain an understanding of the employee's role, responsibilities, and relationship with the supplier.
C.
Notify senior management, the board, and the external auditor about the alleged fraud
Answers
C.
Notify senior management, the board, and the external auditor about the alleged fraud
D.
Review all the orders issued to the supplier to investigate potential fraud.
Answers
D.
Review all the orders issued to the supplier to investigate potential fraud.
Suggested answer: B
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asked 18/09/2024
Jordan Reid
35 questions
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