Question: 1
An internal auditor is testing whether payments to outside contractors have been charged to the proper account. Which of the following sampling methods would be most useful in completing this task?
Question: 2
A fast-food company is developing a computer simu-lation involving arrival time at a drive-through restaurant. The distribution for arrival times is:
Time
Single-Digit Random
Between Arrivals
Probability
Number Assigned
2 minutes
0.1
0
3 minutes
0.2
1, 2
4 minutes
0.3
3, 4, 5
5 minutes
0.4
6, 7, 8, 9
Six random numbers are selected to represent the arrival of six cars: 1, 6, 9, 0, 5, 6.
What is the mean time between arrivals in this run of the simu-lation model?
Question: 3
An organization has developed a model to determine the most profitable rate of production. The organization varies the cost of labor in the model to determine how much the changes affect the optimal production level. Which type of analysis does this scenario demonstrate?
Question: 4
Which of the following is an example of a preventive control activity for risk related to pollution caused by waste disposal?
Question: 5
Which of the following statements describes a control weakness?
