QUESTION: 9

After being terminated due to downsizing, an internal auditor finds a different job with an organization in the same industry. Which of the following actions would violate the IIA Code of Ethics?

To determine audit priorities in the new job, the auditor uses the audit risk approach that the auditor's previous employer used, without receiving permission to do so.
At the new organization, the auditor is asked to develop forms to implement probability- proportional-to-size sampling. Although unsure of how to perform this type of sampling, the auditor proceeds without asking for assistance.
In preparing for an audit at the previous organization, the auditor had conducted a great deal of research on the Internet at home to identify best practices for the management of a treasury function. The auditor has retained much of the research and uses it to conduct an audit of the new employer's treasury function.
In the first week at the new organization, the auditor discovers a high fraud risk surrounding the organization's database and suggests that the information technology department implement anew password system to prevent fraudulent actions before they occur.

Answer(s): B

Reveal Solution Next Question

An organization has implemented a new automated payroll system that contains a table of pay rates that are matched to employee job classifications. Which control should an internal auditor suggest in order to ensure that the table is updated correctly, and is used only for valid pay changes?

Restrict data-table access from management and line supervisors who have the authority to determine pay rates.
Require a supervisor in the department, who has the ability to change the table, to compare the changes to a signed management authorization.
Ensure that adequate edit and reasonableness checks are built into the automated system.
Require a manager, who is independent of the system and who cannot change the table, to authorize and sign-off on any employee pay changes.

Answer(s): D

Reveal Solution Next Question

QUESTION: 11

Which of the following actions does not violate the IIA Code of Ethics or Standards?

An internal auditor performing an audit on an operation that they managed less than a year ago.
An internal auditor performing an audit on procedures that they were responsible for creating.
An internal auditor disclosing details of an audit report to colleagues from a different organization.
An internal auditor disclosing confidential information in response to a lawsuit.

Answer(s): D

Reveal Solution Next Question

QUESTION: 12

Which of the following controls is not appropriate for sales in a manufacturing organization?

Customers' orders are recorded promptly.
Goods shipped are matched with valid customer orders.
Goods returned are inspected for damage by the receiving department for proper disposition.
Sales department approval is required for credit sales transactions.

Answer(s): D

Reveal Solution Next Question

Free IIA-CRMA Exam Braindumps (page: 3)

QUESTION: 9

QUESTION: 10

QUESTION: 11

QUESTION: 12