An audit identified a number of weaknesses in the configuration of a critical client/server system. Although some of the weaknesses were corrected prior to the issuance of the audit report, correction of the rest will require between 6 and 18 months for completion. Consequently, management has developed a detailed action plan, with anticipated completion dates, for addressing the weaknesses. What is the most appropriate course of action for the chief audit executive to take?
Answer(s): D
Which of the following is not an outcome of control self-assessment?
Answer(s): A
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?
Answer(s): B
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?
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