Question 81

Which of the following is not an appropriate type of coordination between the internal audit activity and regulatory auditors?
  • Question 82

    During a review of data center physical security and environmental controls, an auditor should ensure that:
    I.Visitors are accompanied by authorized personnel at all times.
    II.
    Only developers and operators have access to the data center.
    III.
    Fire suppression equipment is tested periodically.
    IV.
    Fire and water detectors have been installed.
  • Question 83

    The best reason for separating the cash-receiving function from the related record-keeping function is to:
  • Question 84

    The results of an internal control questionnaire revealed that all investment activity exceeding $10, 000 must be approved by the assistant treasurer. A sample of these transactions with a five-percent acceptable error rate found that 98 of the 100 items tested included the assistant treasurer's approval. Based on this data, the auditor should:
  • Question 85

    In order to save time, an audit manager no longer required that a standard internal control questionnaire be completed for each audit engagement. Does this represent a violation of the Standards?