A.The status of the internal audit activity can be more clearly established.

B.There is assurance that all internal audit activities will be completed.

C.Improvements can be implemented in internal audit processes.

D.The effectiveness of the internal audit activity can be measured.

A.Perform reviews of personnel.

B.Validate the results of management's self-assessment.

C.Obtain authorizations and signatures.

D.Maintain rigorous and comprehensive documentation.

A.The board defines the internal audit activity's responsibilities over consulting activities

B.Adding value to an organization requires the internal audit activity to initiate a consulting engagement

C.The chief audit executive is responsible for deciding the priority of consulting services in the internal audit plan

D.The scope of consulting services is determined primarily by the internal auditor with input from management of the area under review

A.It reviews engagement results for evidence of undue influence before releasing the final report.

B.It requires all internal audit staff to sign annual non-disclosure and potential conflict of interest statements.

C.It releases an approved internal audit charter stating that the internal audit activity is independent.

D.It maintains direct interactions with the audit committee or board.

A.An employee receives a bonus for perfect attendance

B.Three competitors are highly profitable but a fourth equal in size is approaching bankruptcy limits

C.During the past 18 months three chief financial officers have left the organization after having been promoted to the position

D.The organization does not perform any due diligence research on third party service providers