Question: 1
A medium-sized municipality provides 8.5 billion gallons of water per year for 31,000 customers. The water meters are replaced at least every five years to ensure accurate billing. The department recently issued the following activity report
Activity
Month One
Month Two
Month Three
Actual 1st Quarter
1st Quarter Goal
Meters replaced
475
400
360
1,235
1,425
Leaks reported
100
100
85
285
Leaks repaired
100
100
85
285
100%
Based on the activity reported for the meter replacement program, an internal auditor would conclude that
Question: 2
According to the Standards, internal audit reports should be distributed to those members of the organization who are able to ensure that audit results are given due consideration. For senior members of the organization, this requirement can usually be satisfied using
Question: 3
Which of the following would provide a chief audit executive with the most useful information on how the internal auditors interact with management during audit activities?
Question: 4
Client satisfaction surveys provide the engagement client with an opportunity to
Question: 5
When interviewing an individual suspected of a fraud, the interviewer should
