Free IIA-ACCA Exam Braindumps (page: 54)

A code of business conduct should include which of the following to increase its deterrent effect?

1. Appropriate descriptions of penalties for misconduct.
2. A notification that code of conduct violations may lead to criminal prosecution.
3. A description of violations that injure the interests of the employer.
4. A list of employees covered by the code of conduct.

New environmental regulations require the board to certify that the organization's reported pollutant emissions data is accurate. The chief audit executive (CAE) is planning an audit to provide assurance over the organization's compliance with the environmental regulations.
Which of the following groups or individuals is most important for the CAE to consult to determine the scope of the audit?

The board has asked the internal audit activity (IAA) to be involved in the organization's enterprise risk management process.
Which of the following activities is appropriate for IAA to perform without safeguards?

According to IIA guidance, which of the following statements are true regarding the internal audit plan?
1. The audit plan is based on an assessment of risks to the organization.
2. The audit plan is designed to determine the effectiveness of the organization's risk management process.

3. The audit plan is developed by senior management of the organization.
4. The audit plan is aligned with the organization's goals.