Multiple Choice
Which of the following would be a legitimate action for the internal auditor to take when monitoring audit engagement results? 1. Disregard a certain risk because management and the board accepted the risk in the past. 2. Abdicate the responsibility for a particular risk because it is not part of the audit plan. 3. Obtain agreement from senior management that unresolved audit issues will be reported to the board. Request corrective action from management in writing.
A) 1 and 3 only
B) 2 and 3 only
C) 3 and 4 only
D) 1, 2, and 4 only
Correct Answer:

Verified
Correct Answer:
Verified
Q292: Which of the following is correct with
Q293: An internal auditor is assessing the organization's
Q294: An auditor is scheduled to audit payroll
Q295: According to IIA guidance, organizations have the
Q296: While investigating a compromised Web server, an
Q298: Which of the following would most likely
Q299: The best method for assessing the relative
Q300: Cross-referencing individual payroll time cards to personnel
Q301: An internal auditor is planning an assurance
Q302: An internal auditor was assigned to conduct