IIA IIA-CIA-Part2 Quiz 197 Topic 4 Questions 981-985

Question: 1

Which of the following types of audit evidence is best defined as the proof of a fact without reliance on presumptions for support?

ADirect.

BCircumstantial.

CConclusive.

DCorroborative.

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Question: 2

The balanced scorecard approach differs from traditional performance measurement approaches because it adds which of the following measures?

i. Financial measures

ii. Internal business process measures

iii. Client satisfaction measures

IV. Innovation and learning measures

AI only

BII and IV only

CIII and IV only

DII, III, and IV only

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Question: 3

Internal auditors should communicate engagement results promptly but should be careful about communicating matters with legal ramifications. Thus, the roles of the internal audit activity and legal counsel should be defined and policies should be established regarding methods of communication. These measures should address how internal auditors' communications may appropriately be shielded from being used against the organization during legal proceedings. Assuming that the law of a jurisdiction applies to such matters, communications are most likely to be protected when they

AConsist of documents delivered to an attorney before the attorney-client relationship came into existence.

BAre created for self-evaluation after the events resulting in a private litigant's claim.

CAre made to an attorney whether or not in confidence.

DAre part of the internal auditors' work product and are sought by a government agency.
Some jurisdictions have recognized a qualified privilege that shields self-critical material, such as the internal auditors' work-product, from discovery. In general, the recognition of this privilege is premised on the belief that the confidentiality of the reviews in the instances involved outweighs the valued public interests. It allows individuals or businesses to assess candidly their compliance with regulatory and legal requirements without creating evidence that may be used against them by their opponents in future legal proceedings. In general, three requirements must usually be met for the privilege to apply: the information subject to the privilege must result from a self-critical analysis undertaken by the party asserting the privilege, the public must have a strong interest in preserving the free flow of the information contained in the critical analysis, and the information must be of the type whose flow would be curtailed if discovery were allowed. Moreover, the justification for the privilege is said to be at its strongest when the analysis follows the events resulting in the plaintiffs claim. The self-evaluative privilege is also more likely to be recognized when documents are sought by a private party rather than by a government agency.

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Question: 4

Which of the following is not included in the statement of scope in an engagement final communication?

APeriod covered by the engagement.

BEngagement objectives.

CActivities not reviewed.

DNature and extent of the work performed.

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Question: 5

Which one of the following elements of an assurance engagement is not always required?

AA statement that describes the engagement objectives.

BA statement that identifies the activities reviewed.

CPertinent statements of fact.

DAn evaluation of the impact of the observations and recommendations on the activities reviewed.

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IIA IIA-CIA-Part2 Quiz:197 Topic:4 Questions:981-985