Question 116

Which of the following activities best demonstrates an internal auditor's commitment to developing professional competencies?
  • Question 117

    An organization's board has approved an expansion plan into a new market. The board acknowledged that if the expansion is not successful, the organization would encounter large monetary losses consisting of legal fees, research and development costs, rent expenses, and labor fees. Which of the following has the board approved?
  • Question 118

    According to IIA guidance, which of the following is ultimately responsible for seeing that the internal control system of an organization's social responsibility program is effective?
  • Question 119

    Which of the following would be the most suitable internal control framework for an organization to adopt?
  • Question 120

    According to IIA guidance, which of the following actions by a new chief audit executive would be most appropriate to gain an understanding of the current level of knowledge, skills, and competencies required by an internal audit activity to fulfill its responsibilities?