Internal Auditor

A The auditor who prepared the annual budget B The person who issued a supplier invoice C The customer who owes money D The person or manager accountable for carrying out an agreed action

A Automatically close the finding B Verify the status, understand the reason, and escalate unresolved significant risk through established channels C Take over management's responsibility D Change the evidence to show completion

A A method for issuing shares B A method for calculating gross profit C A method for selecting a bank D A method for identifying the underlying reasons a problem occurred

A To make reports longer B To avoid identifying responsible processes C To reduce recurrence rather than only treat visible symptoms D To guarantee zero risk

A A meeting to approve the organization's sales prices B A meeting to prepare payroll C A meeting to discuss preliminary findings, verify facts, and obtain management responses D A meeting to destroy working papers

A A meeting to announce final findings before testing B A meeting to close all recommendations C A meeting to explain objectives, scope, timing, process, and information needs D A meeting to approve all invoices

A A bank reconciliation B A report on engagement progress, issues, and significant developments C A supplier statement D A statement of annual profit only

A Only the names of auditors B Only a copy of the general ledger C Only positive observations D Objectives, scope, findings, conclusions, recommendations or actions, and relevant management responses

A To give every issue the same impact regardless of context B To list findings alphabetically only C To avoid communicating serious issues D To focus attention on issues according to risk, significance, and urgency

A A list of all sampled invoices B A concise overview of the most important results, risks, and actions C A full transcript of every interview D A detailed employee attendance sheet