ExamGecko
Search Search Login
Home Home / IIA / IIA-CIA-Part1
Question list
Search
Search

List of questions

Search
Open VPLUS File
Convert VPLUS to PDF

Related questions

An engagement supervisor notes that an internal auditor usually documents and submits draft audit reports for review without giving the process owners the opportunity to state their position on the issues raised. How should the engagement supervisor respond?
A new chief audit executive wants to develop a formal internal control framework for her organization. She uses globally accepted frameworks as a guide. Which of the following would she likely find critical in creating the new framework for her organization?
Which of the following offers the feast evidence that the internal audit activity has achieved organizational independence?
Which of the following situations is most likely to threaten the independence of the internal audit activity?
How can an Internal audit activity contribute to Its organization's risk assessment process?
Which of the following statements is true regarding a key difference between assurance and consulting services provided by the internal audit activity?
Which of the following actions by an organization's board would potentially impair the internal audit activity's independence?
Which of the following statements is true regarding risk management frameworks?
The same internal auditor has audited the regional purchasing department annually for the last three years. The audits have shown several significant control deficiencies that have not been corrected by management. New management is in charge of this regional purchasing department, and it is time to audit the department again. What concerns should be considered prior to assigning the audit to the same auditor?
A global manufacturing company has three regional offices. The chief audit executive (CAE) is concerned about the cost of an upcoming external quality assessment of the internal audit activity. The last external assessment was performed six years ago. Recently, the internal audit staff at one of the regional offices performed an internal assessment. To ensure conformance with the Standards, what is the most appropriate action for the CAE to take?

Question 473 - IIA-CIA-Part1 discussion

Report
Export

Wi ch of the following circumstances would most likely be considered a potential red flag for fraud by the internal audit activity?

A.
The monthly payroll reports are not vetted to ensure terminated employees have been removed from the payroll system
Answers
A.
The monthly payroll reports are not vetted to ensure terminated employees have been removed from the payroll system
B.
The volume of nonroutine journal entries has steadily increased over time.
Answers
B.
The volume of nonroutine journal entries has steadily increased over time.
C.
The database of approved suppliers has not been reviewed the last year
Answers
C.
The database of approved suppliers has not been reviewed the last year
D.
The recent employee survey indicates that some employees remain unaware of the organization's whistieblower hotline.
Answers
D.
The recent employee survey indicates that some employees remain unaware of the organization's whistieblower hotline.
Suggested answer: A
Show Answer
asked 18/09/2024
Bernardo Garcia
43 questions
PreviousPreviousNextNext
User
Your answer:
0 comments
Sorted by

Leave a comment first

ExamGecko

Copyright @2023 ExamGecko | All right reserved

Mail us: [email protected]
About us
Contact us
Twitter X
Facebook
Medium
Convert VPLUS to PDF
Open VPLUS files Easily and Quickly
Privacy Policy
Disclaimer
Terms