Question 516

Which of the following is not a primary reason for outsourcing a portion of the internal audit activity?
  • Question 517

    An auditor for a major retail company suspects that inventory fraud is occurring at three stores which have high costs of goods sold. Which of the following audit activities would provide the most persuasive evidence that fraud is occurring?
  • Question 518

    Which of the following is true regarding roles and responsibilities in risk management processes?
  • Question 519

    Which of the following statements is true pertaining to interviewing a fraud suspect?
    1. Information gathered can be subjective as well as objective to be useful.
    2. The primary objective is to obtain a voluntary written confession.
    3. The interviewer is likely to begin the interview with open-ended questions.
    4. Video recordings always should be used to provide the highest quality evidence.
  • Question 520

    An internal auditor suspects that employee turnover is unusually htgh at the organization's primary manufacturing plant To investigate this potential issue which of the following analytical approaches is the auditor likely to use?