The first stage in the development of a crisis management program is to:
An organization's chief audit executive (CAE) determines that the internal audit staff does not have the requisite skills to conduct an audit of the financial derivatives area. Which of the following would be the best course of action for the CAE to follow?
According to the COSO Enterprise Risk Management - Integrated Framework, which of the following statements is true regarding the role of risk appetite in an organization?
Feedback on engagements from audit clients, annual benchmarking of the internal audit activity's (IAA's) performance against best practice, and analyses of project budgets and audit plan completion are all tools that can best be used by the IAA for which purpose?
According to IIA guidance, which of the following statements is true regarding the reporting of results from a quality assurance and improvement program review of the internal audit activity?
Which of the following factors should be considered when determining the appropriate combination of manual techniques and computer-assisted audit techniques(CAATs) to be used during an audit?1. Acceptance of CAATs findings by entity management.2. Computer knowledge and expertise of the auditor.3. Time constraints.4. Level of audit risk.
