Which of the following decisions made during the testing phase of a compliance audit requires the most judgment by an internal auditor?

According to the COSO enterprise risk management (ERM) framework, which of the following is not part of the new paradigm in ERM?

An internal audit charter should do which of the following?

When auditing the award of a major contract, which of the following should an internal auditor suspect as a red flag for a bidding fraud scheme?
1. Subsequent change orders increase requirements for low-bid items.
2. Material contract requirements are different on the actual contract than on the request for bids.
3. A high percentage of employees are charged to indirect accounts.
4. Losing bidders are hired as subcontractors.

A new internal audit activity is creating its first charter. According to IIA guidance, which of the following objectives would be appropriate for inclusion in the charter?