Internal Auditor

A A review of sales advertising B A review of payroll leave balances C A review of purchasing governance, competition, approvals, contracts, and payments D A review of customer credit notes only

A Only the organization's inventory valuation B Only the bank's lending policy C Accuracy, authorization, compliance, and controls over employee payments D Only the marketing budget

A Only employee recruitment B Controls and records over sales, billing, receipts, and revenue recognition C Only purchases of office supplies D Only depreciation of buildings

A Only the annual leave schedule B Only the organization's long-term strategy C Only the value of patents D Existence, completeness, authorization, safeguarding, and accurate recording of cash

A Existence, condition, valuation, completeness, and controls over inventory B Only employee performance reviews C Only the amount of share capital D Only the company's tax registration

A Existence, ownership, capitalization, depreciation, impairment, and disposal B Only customer complaints C Only sales commission rates D Only payroll deductions

A A replacement for management oversight B A guarantee that no fraud exists C A process for calculating depreciation D A structured evaluation of where and how fraud could occur and its potential impact

A Pressure or incentive, opportunity, and rationalization B Assets, liabilities, and equity C Planning, budgeting, and forecasting D Risk, control, and audit opinion

A Opportunity B Materiality C Pressure D Rationalization

A Opportunity B Pressure or incentive C Rationalization D Detection risk