Internal Auditor

A A minimum employee age B A defined limit beyond which a result or transaction is flagged for review C The maximum number of audit staff D A fixed tax percentage

A A confidential or protected channel for reporting suspected misconduct B A bank's automated balance service C A line used only for supplier orders D A system for recording depreciation

A The risk of inventory becoming obsolete B The risk that reporters face adverse treatment for raising concerns C The risk of a budget being favorable D The risk of a bank deposit clearing late

A A list of bank account balances B A tax computation worksheet C A schedule of asset depreciation D A document describing expected ethical behavior and standards for personnel

A Routine approved travel reimbursement B A valid customer refund C Normal depreciation charges D Improper inducements, payments, or benefits intended to influence decisions

A Deleting supplier records annually B Checks to understand the third party's background, integrity, capability, and relevant risks before or during a relationship C Paying every supplier in advance without review D Approving all vendors automatically

A Screening employees only for attendance B Checking relevant parties or transactions against applicable sanctions lists and requirements C Checking inventory quantities D Calculating tax depreciation

A A routine bank reconciliation B A normal payroll deduction C Concealing the illicit origin of funds to make them appear legitimate D A lawful customer refund

A Only the organization's sales margin B Only staff leave balances C Only the depreciation policy D Risk assessment, customer due diligence, monitoring, reporting, and recordkeeping controls

A A record of cash sales only B A record of relevant laws, regulations, obligations, and compliance responsibilities C A list of fixed assets only D A list of customers' birthdays