Which of the following would be the least desirable criteria against which to judge current operations of an organization's treasury function?

Production managers for a manufacturing company are authorized to prepare emergency purchase orders for raw materials. These manually prepared orders do not go through the purchasing department and do not require a receiving report. The managers forward the invoice and purchase order to the accounting department for payment. Which of the following internal controls would efficiently prevent abuse of this system?

Which of the following is a red flag associated with improper asset valuation?

An organization's board would like to establish a formal risk management function and has asked the chief audit executive (CAE) to be involved in the process. According to IIA guidance, which of the following roles should the CAE not undertake?

The most effective way for internal auditors to enhance the reliability of computerized financial and operating information is by: