Internal Auditor

A Recording a transaction in the ledger B Comparing two reports after month-end C Approval by a person with appropriate authority D Storing physical assets

A Setting annual business objectives B Issuing a new employee ID C Approving a purchase before ordering D Comparing independent records and investigating differences

A Approving journal entries B Reviewing monthly financial ratios C Comparing budgets with actual results D Restricting entry to facilities or protected areas

A Reviewing paper invoices B Restricting access to systems and data through permissions and authentication C Locking a warehouse door only D Counting inventory physically

A Users receive only the access needed for their assigned duties B All users receive administrator access C Passwords are shared across teams D Access is never reviewed

A To increase the number of system administrators B To identify inappropriate, excessive, or outdated access C To avoid documenting changes D To eliminate all system logs

A A control that reduces risk when a preferred control is absent or impractical B A control that reimburses employees for expenses C A control that always replaces external audit D A control that guarantees no exceptions

A A weakness in the design or operation of a control B A mandatory tax payment C A type of financial statement D A favorable audit finding

A A deficiency important enough to merit attention by those charged with governance under applicable criteria B A normal budget variance C A control that operates effectively D Any minor typo in an internal email

A Interviewing only the chief executive B Reperforming the annual financial statements C Testing every transaction in the year D Tracing a transaction through the process to understand its flow and controls