Question 476

When establishing a quality assurance and improvement program, the chief audit executive should ensure the program is designed to accomplish which of the following objectives?
1. Add value.
2. Improve operations.
3. Provide assurance that the internal audit activity conforms with the Standards.
4. Provide assurance that the internal audit activity conforms with the IIA Code of Ethics.
  • Question 477

    A retail sales company has discontinued a product that normally sold for $100. During the first month of a sale of the product, a 20 percent discount was given. Later that sale price was reduced by an additional 40 percent. What was the overall discount from the original selling price?
  • Question 478

    According to IIA guidance, which of the following are potential benefits of using an assurance map?
  • Question 479

    To effectively communicate the acceptance of risk in an organization a chief audit executive must first consider which of the following?
  • Question 480

    A chief audit executive (CAE) suspects that several employees have used desktop computers for personal gain.
    In conducting an investigation, the primary reason that the CAE would choose to engage a forensic information systems auditor rather than using the organization's information systems auditor is that a forensic information systems auditor would possess: