CIA IIA-CIA-Part2 Updated Exam

During a consulting engagement an internal auditor wants to determine whether all principal stakeholders are involved in a project. Which tool should the auditor use?

According to IIA guidance, which of the following accurately describes the responsibilities of the chief audit executive with respect to the final audit report?

1. Coordinate post-engagement conferences to discuss the final audit report with management.

2. Include management's responses in the final audit report.

3. Review and approve the final audit report.

4. Determine who will receive the final audit report.

Which statistical sampling approach would an internal auditor typically utilize if she wishes to test for fraud and the expected deviation rate is very low?

Internal control questionnaires are used to achieve which of the following objectives?