IIA-CHAL-QISA

Which of the following would be the most effective fraud prevention control?A . Email alert sent to management for checks issued over S100.000.B . installation of a video surveillance system in a warehouse prone to inventory lossC . New hire training to explain fraud and employee misconduct.D . Daily report...

According to IIA guidance, which of the following statements regarding the internal audit charter is true?A . The nature of consulting services typically is not included in the charter.B . The chief audit executive must formally review the charter at least once a yearC . The nature of assurances provided...

An internal audit activity maintains a quality assurance and improvement program that includes annual self-assessments The internal audit activity includes in each engagement report a clause that the engagement is conducted in conformance with the International Standards for the Professional Practice of Internal Auditing (Standards). Which of the following justifies...

According to IIA guidance, which of the following statements is true regarding due professional care?A . Internal auditors must exercise due professional care to ensure that all significant risks will be identified.B . Internal auditors must apply the care and skill expected of a reasonably prudent and competent internal auditor.C...

An internal auditor is asked to determine why the production line for a large manufacturing organization has been experiencing shutdowns due to unavailable parts The auditor learns that production data used for generating automatic purchases via electronic interchange is collected on personal computers connected by a local area network (LAN)...

Which of the following statements is true regarding managements use of judgement to design, implement, and conduct internal control?A . The use of judgment enhances managements ability to make better decisions about internal control, but cannot guarantee perfect outcomes.B . introducing judgment generally diminishes managements ability to make good decisions...

A regional entertainment organization is in the process of developing a corporate social responsibility (CSR) policy. Management invites ideas from employees when developing the CSR policy. Which of the following is the most appropriate idea to include?A . Management has overall responsibility for the effectiveness of governance, risk management, and...

Which of the following statements is true regarding managements use of judgement to design, implement, and conduct internal control?A . The use of judgment enhances managements ability to make better decisions about internal control, but cannot guarantee perfect outcomes.B . introducing judgment generally diminishes managements ability to make good decisions...

Which of the following statements is true regarding managements use of judgement to design, implement, and conduct internal control?A . The use of judgment enhances managements ability to make better decisions about internal control, but cannot guarantee perfect outcomes.B . introducing judgment generally diminishes managements ability to make good decisions...

Which of the following statements best describes the difference between risk appetite and risk tolerance?A . Risk appetite applies to specific objectives, while risk tolerance refers to an organization's general attitude toward risk.B . Risk appetite refers to the degree of risk acceptance for a particular objective, while risk tolerance...