Question 31
After issuance of the engagement final communication for an audit of an organization's accounts payable function, which of the following should be sent satisfaction surveys?
I.Manager of disbursements.
II.
Controller.
III.
Chief operating officer.
IV.
I.Manager of disbursements.
II.
Controller.
III.
Chief operating officer.
IV.
Question 32
Which of the following is the first step in the process where auditors and clients work together to evaluate the clients' system of internal control?
Question 33
An internal auditor has a recommendation to change operations which could potentially increase profits by
$50,000. The best way to sell this recommendation to management is to:
$50,000. The best way to sell this recommendation to management is to:
Question 34
What is the most important risk in determining the validity of construction delay claims?
Question 35
In which of the following cases is it appropriate for an audit report to not contain management's response either within the report or as an attachment?