Internal Auditor

A Auditing only the oldest department B Prioritizing audit work according to assessed risks and their significance C Selecting samples only from easy-to-access records D Auditing every transaction equally regardless of risk

A A list of all employees' personal assets B A structured list of auditable entities, processes, systems, and activities C A list of external auditors worldwide D A register of tax rates

A Risk assessment, organizational objectives, and available audit resources B The number of pages in the financial statements C Requests from suppliers alone D Only the previous year's calendar

A The cashier B The external supplier with the largest contract C The head of every audited department collectively D The board or its audit committee, with appropriate administrative support from management

A To oversee financial reporting, internal controls, risk management, and audit matters B To approve routine staff leave C To record daily cash receipts D To manage all customer complaints

A Three categories of tax invoices B Roles and responsibilities for governance and risk management C The three pages of an audit report D Three methods of calculating depreciation

A The internal audit function exclusively B The tax authority C Management and operational functions D External auditors exclusively

A Approve all management transactions B Eliminate every risk from the organization C Evaluate and provide insight on risk management while avoiding inappropriate ownership of management's risks D Own every business risk and make all operational decisions

A A document supporting a transaction B A confirmed accounting error only C The effect of uncertainty on objectives D A type of audit opinion

A Risk before considering the effect of controls B Risk that exists only in payroll C Risk remaining after all controls operate D Risk that an auditor will miss a misstatement only