Which of the following topics must the internal audit staff discuss with management during the exit conference?
1.Issues identified during the audit.
2.Evaluation criteria used to select controls for testing.
3.Staff who were interviewed during the audit.
4.The reporting process for the draft and final report.

According to IIA guidance, which of the following strategies would add the least value to the achievement of the internal audit activity's (IAA's) objectives?

Which of the following would cause a company's accounts receivable turnover ratio to decrease steadily over a three-year period?

Inadequate risk assessment would have the strongest negative impact in which of the following phases of an audit engagement?

The internal audit activity of an investment company received a request to provide assurance on the risk management process. Preliminary discussion with senior management revealed that separate functions within the organization perform some form of risk management activities. Which of the following is the most effective tool for ensuring that risk management activities are coordinated among these functions?