IIA IIA-CIA-Part2 Quiz 88 Topic 3 Questions 436-440

Question: 1

Which of the following is not an issue that internal auditors should address when performing a privacy engagement?

ACompliance with governmental statutory and regulatory mandates.

BDocumentation of compliance with privacy and other legal requirements.

CWhether the benefits of the security arrangements exceed the costs.

DThe moral imperative for management to provide accurate private information.

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Question: 2

Management has asked the internal auditor to recommend monitoring controls that management could establish to provide timely oversight of the information systems contract. Which of the following is the least effective monitoring control?

ARequire monthly internal reports summarizing overhead rates used in billings.

BRequire monthly reports by the outsourcer of total costs billed and services rendered.

CUse internal auditors to investigate the appropriateness of costs, as part of a yearly engagement to evaluate the outsourcer.

DRandomly investigate selected cost accounts throughout the year to determine that all the expenses are properly charged to the governmental unit.

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Question: 3

Which type of engagement focuses on operations and how effectively and efficiently the organizational units affected will cooperate?

AProgram-results engagement.

BProcess engagement.

CPrivacy engagement.

DCompliance engagement.

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Question: 4

Which type of engagement attempts to measure the accomplishment and relative success of the undertaking?

AProgram-results engagement.

BPrivacy engagement.

CProcess engagement.

DCompliance engagement.

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Question: 5

In reviewing a cost-plus construction contract for a new catalog showroom, the internal auditor should be cognizant of the risk that

AThe contractor could be charging for the use of equipment not used in the construction.

BIncome taxes related to construction equipment depreciation may have been calculated erroneously.

CContractor cash budgets could have been inappropriately compiled.

DPayroll taxes may have been inappropriately omitted from billings.

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IIA IIA-CIA-Part2 Quiz:88 Topic:3 Questions:436-440