All Exams
Login
Home
Exams
IIA
IIA-CFSA
Question 6 of 500
Reasonable assurance relates to the:
A.
Audit planning process
B.
Scope of the internal audit
C.
End of the audit process
D.
Whole audit process
Answer
Discussion
Correct Answer: D
Question 7 of 500
The responsibility for preparing and presenting the audited financial statements is that of:
A.
Internal auditor
B.
Engagement client/ Management of the entity
C.
Process owner
D.
Auditing Agency
Answer
Discussion
Correct Answer: B
Question 8 of 500
All these are disparities in public and private sector audits EXCEPT:
A.
Objective and scope
B.
Specific requirements of relevant regulation, ordinances or ministerial directives
C.
Specific and broad range mandate in public sector
D.
Reasonable assurance
Answer
Discussion
Correct Answer: D
Question 9 of 500
Which one of the following is an internal control component?
A.
Compliance control
B.
Control activities
C.
Financial Reporting Controls
D.
Communication channels and network
Answer
Discussion
Correct Answer: B
Question 10 of 500
Management must ___________ assess business risk and develop clearly defined control objectives:
A.
Continually
B.
Annually
C.
Periodically
D.
Weekly
Answer
Discussion
Correct Answer: A
Prev page
Prev
Next page
Next