QUESTION: 297

The internal audit activity's key responsibility for information security is to

Identify technical aspects, risks, processes, and transactions to be examined.
Determine the scope and degree of testing to achieve engagement objectives.
Periodically assess information security practices.
Document engagement procedures.

Answer(s): C

In forming a team to investigate an organization's potential adoption of an activity based costing system, the best reason to include an internal auditor on the team would be the auditor's knowledge of

Activities and cost drivers.
Information processing procedures.
Current product cost structures.
Internal control alternatives.

Answer(s): D

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QUESTION: 299

The scope of a consulting engagement performed by internal auditors should

Be sufficient to address the objectives agreed upon with the client.
Exclude areas that might be the subject of subsequent assurance engagements.
Be limited to activities within the current operating period.
Be preapproved in conjunction with the annual plan of consulting engagements.

Answer(s): A

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QUESTION: 300

The scope of a business process review primarily involves

Appraising the environment and comparing against established criteria.
Assessing the organization's system of internal controls.
Reviewing routine financial information and assessing the appropriateness of various accounting treatments.
Evaluating organizational and departmental structures, including assessments of transaction flows.

Answer(s): D

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Free IIA CIA Exam Braindumps (page: 76)

QUESTION: 297

QUESTION: 298

QUESTION: 299

QUESTION: 300

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