Internal Auditor

A A budget approved by the board B A documented condition identified during an engagement, supported by evidence and evaluated against criteria C A transaction that always indicates fraud D An auditor's unsupported suspicion

A The standards, policies, laws, procedures, or expectations used to evaluate a condition B The final amount of the audit fee C A list of employee names D The auditor's personal preferences

A The financial effect in every case B What should have happened under policy C Why the issue happened D What the auditor observed or found to be happening

A What was actually observed B The person responsible for the audit C The audit report distribution list D What should be happening according to an applicable requirement or benchmark

A The final report date B The sample size alone C The underlying reason the condition occurred D The standard that was breached

A The policy requirement B The auditor's job title C The actual or potential consequence of the condition D The engagement opening meeting

A A statement that an issue exists without a suggested response B An external audit opinion C A practical action proposed to address the cause or reduce the risk of a finding D A list of all transactions

A Management's agreed actions, responsible persons, and target dates for addressing findings B A list of supplier bank accounts C The organization's tax calculation D The auditor's personal travel schedule

A The audit committee's secretary alone B The internal auditor alone in all cases C Management and the designated action owners D The external supplier

A Checking whether agreed actions have been implemented and risks adequately addressed B Preparing the original accounting records C Repeating the entire audit every day D Closing all findings without verification