IIA IIA-CIA-Part2 Quiz 188 Topic 9 Questions 936-940

Question: 1

Which of the following statements is appropriate as a conclusion (opinion) in an internal auditing final communication of the results of an engagement to evaluate the organization's branch operations?

AStatistical sampling was used to determine the extent of unauthorized purchases from the imprest fund.

BThe engagement to review branch operations was conducted in accordance with the Standards.

CThe vice-president of branch operations should require the timely review of the daily transaction report as a means of monitoring purchases from the imprest fund.

DExcept for the unauthorized purchases from the imprest fund, the system of internal controls over branch operations appears to be working well.

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Question: 2

The scope section of an internal auditor's final engagement communication should

identify

AThe engagement techniques used.

BAny limitations imposed.

CThe sampling methodology employed.

DAny unresolved differences with engagement clients.

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Question: 3

The content and format of engagement communications may vary. However, according to the Standards, a necessary element is statement of

AEngagement objectives.

BThe status of observations from prior engagement communications.

CRelated activities not reviewed.

DDocumentation of previous oral communications.

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Question: 4

Which of the following is most appropriate for inclusion in the summary of a final

engagement communication?

AEngagement client responses to recommendations.

BA concise statement of engagement observations.

CReference to areas not covered by the engagement.

DDiscussion of recommendations given in prior years' engagement communications.

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Question: 5

Based on the Standards, the statement, "Competition for computer time during periods of high demand had become intense because of a planned increase in the use of the computer by operating departments," is an example of

ACause.

BCondition.

CCriteria.

DEffect.

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IIA IIA-CIA-Part2 Quiz:188 Topic:9 Questions:936-940