IIA-CIA-Part1 Exam Question 516
Which of the following statements is not true about red flags?
IIA-CIA-Part1 Exam Question 517
An engagement supervisor obtains facilities maintenance reports from a contractor during an audit of third-party services. Which of the following is the source of authority for the engagement supervisor to make such contact outside the organization?
IIA-CIA-Part1 Exam Question 518
An internal auditor is conducting an engagement in the accounts payable department, which includes expressing an opinion at the micro level. According to IIA guidance, which of the following statements is true regarding micro-level opinions?
1. They are most effective when using a combination of current and prior engagement findings to draw conclusions.
2. They typically are based on defined procedures such as those found in an accounts payable reconciliation process.
3. They are discrete and not normally shared with senior management or the board.
4. They can rely on evidence taken from the work of other assurance activities across the organization.
1. They are most effective when using a combination of current and prior engagement findings to draw conclusions.
2. They typically are based on defined procedures such as those found in an accounts payable reconciliation process.
3. They are discrete and not normally shared with senior management or the board.
4. They can rely on evidence taken from the work of other assurance activities across the organization.
IIA-CIA-Part1 Exam Question 519
Performing a monthly analysis of potential duplicate invoices paid to suppliers is an example of which type of fraud control?
IIA-CIA-Part1 Exam Question 520
Which of the following would be a violation of the objectivity of a certified internal auditor?
1.Accepting a motivational book from a major vendor.
2.Attending a professional sporting event as the guest of a corporate supplier.
3.Performing an internal audit engagement for a division 18 months after having
controllership responsibility for that division.
4.Designing and implementing a corporate-wide utilities cost containment program.
1.Accepting a motivational book from a major vendor.
2.Attending a professional sporting event as the guest of a corporate supplier.
3.Performing an internal audit engagement for a division 18 months after having
controllership responsibility for that division.
4.Designing and implementing a corporate-wide utilities cost containment program.