Question 286
Which of the following would be a legitimate action for the internal auditor to take when monitoring audit engagement results?
1. Disregard a certain risk because management and the board accepted the risk in the past.
2. Abdicate the responsibility for a particular risk because it is not part of the audit plan.
3. Obtain agreement from senior management that unresolved audit issues will be reported to the board. Request corrective action from management in writing.
1. Disregard a certain risk because management and the board accepted the risk in the past.
2. Abdicate the responsibility for a particular risk because it is not part of the audit plan.
3. Obtain agreement from senior management that unresolved audit issues will be reported to the board. Request corrective action from management in writing.
Question 287
The scope of a consulting engagement performed by internal auditors should:
Question 288
Which of the following statements is false regarding audit criteria?
Question 289
Which of the following trends found on financial reports would most likely indicate a possible problem?
Question 290
An internal auditor would most likely use attributes sampling when testing which of the following?