Question 51

Which of the following fundamental principles of The IIA's Code of Ethics is best described as performing work honestly diligently and responsibly?
  • Question 52

    Which of the following actions by a chief audit executive is most likely to prevent exaggerated sales reports by division management?
    I. Hire a new internal auditor who has fraud investigation credentials.
    II. Assist the controller in developing and monitoring a series of business process indicators which are historically correlated with, but independent of, sales.
    III. Announce a series of internal audit engagements focusing on compliance with corporate sales- reporting policies.
    IV. Ask the president and the board to issue a statement of corporate policy stressing the importance of accurate management reporting and the negative consequences of intentional misreporting.
  • Question 53

    Which of the following activities would an internal auditor perform as a consulting engagement for an organization?
  • Question 54

    If an engagement client's operating standards are vague and thus subject to interpretation, the auditor should:
  • Question 55

    Which of the following best ensures an internal audit activity has the ability to render impartial and unbiased assessments?