According to the International Professional Practices Framework, a review team must express an opinion on which of the following when performing an external assessment of an internal audit activity?
I.Conformance with the Standards and IIA Code of Ethics.
II.
Effectiveness of continuous improvement activities.
III.
Feedback from internal audit customers and other stakeholder groups.
IV.
Efficiency and effectiveness of the internal audit activity's administration processes.

Some of an organization's payroll transactions were batch posted to the payroll file but were not uploaded correctly to the general ledger file on the mainframe. The best control to detect this type of error would be:

An internal auditor is performing analytical reviews as part of an audit of a supermarket's merchandising department. Because the economy has declined since midyear,the auditor can expect to encounter which of the following?

Which of the following is not a benefit of using information technology in solving audit problems?

A high-volume retailer of consumer goods has used point-of-sale data to record sales and update inventory records for several years. When price changes are scheduled, corporate headquarters downloads a price change file to a computer server system at each store. Each store's assistant manager is responsible for checking the server for downloads and running the program that updates the store's price file at the authorized price update time. In comparison with having headquarters initiate the price update centrally, this approach to price updating will most likely: