Internal Auditor

A The theft or misuse of an organization's assets B A legitimate purchase approved under policy C A routine month-end reconciliation D An ordinary depreciation entry

A A routine annual leave request B A difference between two ledger balances C A normal supplier payment D A situation where personal interests could improperly influence professional judgment or decisions

A Publicly accuse the suspected person immediately B Delete the records to prevent reputational harm C Follow approved escalation and investigation protocols while preserving evidence D Ignore the matter if the amount is small

A To replace investigation documentation B To allow anyone to edit original records C To make the evidence impossible to review D To protect integrity, traceability, and potential admissibility of relevant evidence

A A channel for reporting suspected wrongdoing or misconduct B A method for preparing a cash budget C A system for issuing customer invoices D A procedure for calculating depreciation

A Adverse treatment because a person reported or participated in reporting concerns B An ordinary customer refund C A routine audit follow-up D A control that prevents unauthorized access

A Approving all supplier invoices B Counting office stationery only C Preparing the monthly budget only D Applying investigative methods to examine suspected fraud, disputes, or irregularities

A A standard accounting entry B A confirmed favorable variance C An indicator that may warrant further investigation D Conclusive proof of fraud in every case

A When staff follow an approved procedure B When management bypasses established controls, potentially increasing fraud or error risk C When an auditor documents a control D When a supplier submits a valid invoice

A Journal entries are not part of accounting records B Unauthorized or unusual entries can be used to manipulate financial reporting C They never affect financial statements D All journal entries are automatically fraudulent