Question: 1
Which of the following resources would be most effective for an organization that would like to improve how it informs stakeholders of its social responsibility performance?
Question: 2
A manager has allowed a subordinate employee to have greater control and responsibility over the tasks that he performs This is an example of which of the following?
Question: 3
An internal audit activity maintains a quality assurance and improvement program that includes annual self-assessments The internal audit activity includes in each engagement report a clause that the engagement is conducted in conformance with the International Standards for the Professional Practice of Internal Auditing (Standards). Which of the following justifies inclusion of this clause in the reports?
Question: 4
An organization does not have a formal risk management function. According to the Standards, which of the following are conditions where the internal audit activity may provide risk management consulting?
1. There is a clear strategy and timeline to migrate risk management responsibility back to management.
2. The internal audit activity has the final approval on any risk management decisions.
3. The internal audit activity gives objective assurance on all parts of the risk management framework for which it is responsible.
4. The nature of services provided to the organization is documented in the internal audit charter.
Question: 5
An organization's health-care insurance costs have been rising approximately 10 percent per year for several years Which of the following analytical review procedures would best evaluate the reasonableness of the increase in health-care costs?
