Question 6 of 642
The first stage in the development of a crisis management program is to:
    Correct Answer: C

    The first stage in the development of a crisis management program is to create a crisis management team. This is because establishing a dedicated team or group responsible for managing and coordinating all aspects of crisis response is fundamental. This team will be tasked with conducting subsequent stages such as risk analysis, formulating contingency plans, and practicing responses to crises.

Question 7 of 642
When developing an effective risk-based plan to determine audit priorities, an internal audit activity should start by:
    Correct Answer: D

Question 8 of 642
The decision to implement enhanced failure detection and back-up systems to improve data integrity is an example of which risk response?
    Correct Answer: D

Question 9 of 642
Which of the following activities most significantly increases the risk that a bank will make poor-quality loans to its customers?
    Correct Answer: D

Question 10 of 642
The main reason to establish internal controls in an organization is to:
    Correct Answer: D