Which of the following factors could interfere with effective problem solving by an internal auditor?
I. Reacting to previous experiences with clients.
II. Focusing only on the most likely cause.
III.
Correcting the symptoms of problems.

A bank uses a risk analysis matrix to quantify the relative risk of auditable entities. The analysis involves rating auditable entities on risk factors using a scale of 1 to 10, with 10 representing the greatest risk. A partial list of risk factors and the ratings given to three of the bank's departments is provided below: Which of the following statements regarding risk in the department is true?

While developing a risk based audit plan, which of the following sources of information would provide the least value to the chief audit executive?

Which of the following would be an appropriate and effective control self-assessment approach in an organization with an authoritative culture?
1. Facilitated meeting
2. Survey
3. Management-produced analysis

During an audit of a major contract, an auditor finds that actual hours and dollars billed are consistently at or near budgeted amounts. This condition is a red flag for which of the following procurement fraud schemes?