Online Access Free IIA-CGAP Exam Questions

Many are __________ applicable to all internal auditors, while others may be developed to meet the needs of internal auditors in a specific industry, audit specialty, or geographic area.

• A.Products & services security Advisories
• B.Practice Advisories
• C.Hurricane Advisories
• D.Security Advisories

Personnel systems and central personnel offices typically provide all of the following services EXCEPT:

• A.Selection
• B.planning
• C.Training
• D.Recruiting

COSO was a private-sector initiative started in the 1980s to address the problem of fraudulent financial reporting. Problems continued to persist in the 1980s and the private sector was wary of additional government intervention, so all of the following five organizations banded together to form COSO please choose the correct option:

• A.Institute of Management Accountants and the Institute of Internal Auditors
• B.Financial Executives Institute and American Accounting Association
• C.American Institute of Certified Public Accountants
• D.All of the above

The audit committee should be made up of individuals who are independent of the day-to-day management of the public sector entity and who have the necessary program and /or management expertise to perform their review function effectively. The responsibilities of the audit committee should be stated in a _______, _______ or _______that is approved by the full board or governing body of the public sector entity, as appropriate.

• A.legal, written charter or equivalent document
• B.formal, verbal charter or equivalent document
• C.informal, written charter or equivalent document
• D.formal, written charter or equivalent document

A code of ethics is necessary and appropriate for the profession of internal auditing, founded as it is on the trust placed in its objective assurance about risk management, control, and governance. The IIA's Code of Ethics extends beyond the definition of internal auditing to include the following essential Components please chooses the correct option:

• A.Rules of Conduct that describe behavior norms expected of internal auditors
• B.None of the above
• C.Principles that is relevant to the profession and practice of internal auditing
• D.All of the above