Multiple Choice
How does Internal Auditing help an organization?
A) It reduced the cost of external auditors having to spend as many billable hours during the audit because the internal auditor does most of the work.
B) It helps and organization by providing more credibility to the pubic so they will gain additional investors.
C) It brings the organization into compliance with several Federal and State mandated programs.
D) It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: As a general rule, preventative and detective
Q6: A tip hotline should include:<br>A) The Securities
Q7: Which of the following is NOT a
Q8: Explain how a detection of fraud may
Q9: Pattern data analysis is also known as:<br>A)
Q11: Where are fraud discovery personnel assigned within
Q12: Which of the following is a preventative
Q13: Total Fraud Costs (TFC) =<br>A) Personnel Costs
Q14: Pressure/incentive typically relates to:<br>A) Situations in which
Q15: Describe the different ways in which fraud