Free IIA-ACCA Mock Exam – Practice Online Confidently

While preparing for an audit of senior management expenses, the chief audit executive (CAE) learns that management is unable to locate a number of original expense claims to support the related disbursements. She decides to defer the engagement until they can be located. Which of the following principles likely guided the CAE's decision?

According to IIA guidance, which of the following is true regarding audit supervision?1. Supervision should be performed throughout the planning, examination, evaluation, communication, and follow-up stages of the audit engagement.2. Supervision should extend to training, time reporting, and expense control, as well as administrative matters.3. Supervision should include review of engagement workpapers, with documented evidence of the review.

According to IIA guidance, which of the following is a primary component of a network security strategy?

Which of the following is the primary engagement responsibility of an entry-level internal auditor?

Which of the following statements are true regarding the use of heat maps as risk assessment tools?1. They focus primarily on known risks, limiting the ability to identify new risks.2. They rely heavily on objective assessments and related risk tolerances.3. They are too complex to provide an easily understandable view of key risks.4. They are helpful but limited in value in a rapidly changing environment.