QUESTION: 209

Which of the following actions by a chief audit executive would be most effective in preventing fraud?

Ensure that the board is aware of all fraud that has been identified or reported.
Train the internal audit staff in identifying fraud indicators.
Review the adequacy of all policies that describe prohibited activities.
Submit an annual report to the board on all fraud that has been detected.

Answer(s): C

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QUESTION: 210

Which of the following should be the primary objective of an audit of an entity's business continuity plan?

Cost of testing and updating the plan.
Delegation of responsibilities for the plan.
Relationship of the plan to risk exposures.
Efficiency of the planning procedures.

Answer(s): C

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Which of the following elements is important for an internal auditor to consider when performing a privacy risk assessment of an organization?

I). Areas where personal information is collected, used, stored, and disseminated.
II). Inherent risk.
III). Privacy practices of competitors.
IV). Third-party recipients of information.

III only.
I and II only.
I, II, and IV only.
I, II, III, and IV.

Answer(s): C

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QUESTION: 212

The main reason to establish internal controls in an organization is to

Encourage compliance with policies and procedures.
Safeguard the resources of the organization.
Ensure the accuracy, reliability, and timeliness of information.
Provide reasonable assurance on the achievement of objectives.

Answer(s): D

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Free IIA CIA Exam Braindumps (page: 54)

QUESTION: 209

QUESTION: 210

QUESTION: 211

QUESTION: 212

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