Question 306

According to IIA guidance, which of the following accurately describes the responsibilities of the chief audit executive with respect to the final audit report?
1.Coordinate post-engagement conferences to discuss the final audit report with management.
2.Include management's responses in the final audit report.
3.Review and approve the final audit report.
4.Determine who will receive the final audit report.
  • Question 307

    A chief audit executive is preparing interview questions for the upcoming recruitment of a senior internal auditor. According to IIA guidance, which of the following attributes shows a candidate's ability to probe further when reviewing incidents that have the appearance of misbehavior?
  • Question 308

    A report prepared by the internal audit activity contains several observations that disclose proprietary information regarding the organization's manufacturing process.
    According to the International Professional Practices Framework, which of the following is the appropriate treatment for this report?
  • Question 309

    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.
  • Question 310

    A company's cellular phone costs vary significantly by sales representative and by month. Which of the following would be the most appropriate approach for a consulting project concerning this issue?