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NEW QUESTION 24
According to the COSO internal control framework, which of the following best describes the use of continuous auditing programs by the internal audit activity?

A. Risk assessment.B. Monitoring.C. Control activities.D. Control environment.

Answer: B

 

NEW QUESTION 25
A candidate has applied for an entry level internal audit position. The candidate holds a CISA (Certified Information Systems Auditor) designation, and has six months of audit experience, but limited knowledge of accounting principles and techniques. According to the IIA guidance, which of the following is the most relevant reason for the chief audit executive to consider this candidate?

A. The candidate's information systems knowledge and real-world experience in internal auditing.B. An entry level position does not require expertise in any particular area.C. Other internal auditors possess sufficient knowledge of accounting principles and techniques.D. Accounting skills can be learned over time with appropriate training.

Answer: A

 

NEW QUESTION 26
According to The MA Global Internal Audit Competency Framework, which of the following areas of training would best assist the internal audit activity in improving its use of tools and techniques?

A. Ethics and fraud.B. Negotiation and conflict resolution.C. Financial accounting.D. Project management.

Answer: D

 

NEW QUESTION 27
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