An internal auditor plans to use an analytical review to verify the correctness of various operating expenses in a division.
The use of an analytical review as a verification technique would not be a preferred approach if
Which of the following activities is not included in determining the audit schedule?
Viba, who is audit senior on the in progress audit of Weave plc, has recently placed her CV with a recruitment agent. She has had no feedback from the agent, with whom she has a meeting on Friday. The agency is currently carrying an advert for financial controller at Weave plc, but the advert does not give the company’s name.
This represents:
An audit team developed a preliminary questionnaire with the following response choices:
I. Probably not a problem.
II. Possibly a problem.
III. Probably a problem.
The questionnaire illustrates the use of
In an audit of the procurement system, which of the following procedures would an auditor perform to determine whether competitive bidding procedures were adequate?
I. Bids are solicited based on properly approved requests.
II. A sufficient number of vendors were selected to ensure competition.
III. Incoming bids are first returned to the buyer for control purposes.
Which of the following techniques is best for emphasizing a point in a written communication?
Which of the following is not a component of audit risk?
The primary concern in a program results audit is a determination that
The requirements for staffing level, education and training, and audit research should be included in
Follow-up activity may be required to ensure that corrective action has taken place for certain findings. The internal audit department's responsibility to perform follow-up activities as required should be defined in the
