Question 31

Evidence discovered during the course of an engagement suggests that multiple incidents of fraud have occurred. There do not appear to be sufficient controls in place to prevent reoccurrence. Which of the following is the internal auditor's most appropriate next step?
  • Question 32

    Which of the following is an example of a risk management avoidance response?
  • Question 33

    A staff auditor, nearly finished with an audit engagement, discovers that the director of marketing has a gambling habit. The gambling issue is not directly related to the existing engagement, and there is pressure to complete the current engagement. The auditor notes the problem and forwards the information to the chief audit executive, but performs no further follow-up.
    Which of the following statements is true about the auditor's actions?
  • Question 34

    According to IIA guidance, which of the following must the internal auditor consider to meet the requirements for due professional care?
  • Question 35

    Suspecting fraud, the chief financial officer (CFO) asked the internal audit activity to investigate a significant increase in travel related expenditures. Work was performed by a qualified internal auditor. Following the completion of the engagement, the chief audit executive (CAE) reported to the CFO that no violations were found and no fraud had occurred.
    According to the Standards, which of the following principles did the CAE violate?
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