Free CIA Exam Braindumps
Certified Internal Auditor Exam Questions 6–10 (page: 3)

According to the Standards, the organizational status of the internal audit activity

An employee who recently transferred into the internal audit activity has been assigned to audit the accounts payable system. Which function, if previously performed by the auditor, would represent a conflict of interest?

Two individuals are being considered for an audit team that is to perform a highly technical review. Which of the following situations would preclude selection of the individual for the audit due to an objectivity concern?

I). Person A is a member of the internal audit staff and has the required technical skills.
Person A participated in a controls review of the system to be audited when it was being developed.
II). Person B is a technical specialist who understands the audit area but is not a member of the internal audit staff. Although person B has personal credibility in the information systems department to be audited, person B works for another department in the organization.

Management asked the internal audit activity to evaluate the appropriateness of self- insuring against casualty losses and health care for the organization's employees. Should the chief audit executive engage an actuarial consultant to assist in the audit engagement if these skills do not exist on staff?

Which of the following would be the best source of information for a chief audit executive to use in planning future audit staff requirements?