QUESTION: 145

A snow removal company is conducting a scenario planning exercise where participating employees consider the potential impacts of a significant reduction in annua snowfall for the coming winter.

Which of the following best describes this type of risk?

Residual.
Net.
Inherent.
Accepted.

Answer(s): C

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QUESTION: 146

Management would like to self-assess the overall effectiveness of the controls in place for its 200- person manufacturing department.
Which of the following client-facilitated approaches is likely to be the most efficient way to accomplish this objective?

Workshops.
Surveys.
Interviews.
Observation.

Answer(s): B

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QUESTION: 147

Which of the following are generally recognized as essential elements of a corporate social responsibility program?

Human rights and the environment.
Organizational governance and financial reporting.
Fair operating practices and government regulation.
Consumer issues and return on investment.

Answer(s): A

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QUESTION: 148

Which of the following is considered a violation of The IIA's Code of Ethics?

An auditor conveys public information about an organization's financial condition.
An auditor reports a manager's illegal activity to senior management, rather than reporting the incident to the appropriate external authority.
An auditor receives allegations of fraud from a whistleblower and immediately reports the allegations to senior management.
An auditor reports material deficiencies, despite the fact that management is already aware of the defects.

Answer(s): C

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Free IIA-ACCA Exam Braindumps (page: 37)

QUESTION: 145

QUESTION: 146

QUESTION: 147

QUESTION: 148