An external quality assurance review which was authorized by the chief audit executive (CAE) indicated significant findings from the Standards. To whom should the final results of the quality assurance review be reported?

• A.Confidentially to the CAE only
• B.The CAE with copies to the board and senior management.
• C.To the board with copies to the external auditor or regulatory oversight body.
• D.To the senior management with a copy to the board.

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Which of the following is a detective control?

• A.A front desk officer in an organization requires that visitors are identified by the host before access is granted.
• B.An internal audit activity deploys audit management policies and procedures for team members.
• C.An organization requires certain employees who occupy sensitive positions to sign attestation to the code of conduct on an annual basis.
• D.A compliance specialist carries out quarterly reviews of an organization's compliance with regulatory requirements.

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A chief audit executive (CAE) of an international charity reports functionally to the audit committee of the board of directors and administratively to the charity's chief financial officer (CFO).
Which of the following would impair the internal audit function's independence?

• A.The CFO determines the scope of internal audit work in the accounting department.
• B.The CFO manages the accounting of the budget for the internal audit function.
• C.The CFO administers the annual evaluation process for the internal auditors.
• D.The CFO provides feedback on the CAE's audit reports.

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Which of the following activities best ensures that internal auditors grow professionally in alignment with current industry trends to meet the expectations of primary stakeholders?

• A.Obtaining subscriptions to professional journals in their area of interest.
• B.Developing professional succession plans.
• C.Deploying self-assessments against a competency benchmark.
• D.Acquiring memberships in professional organizations.

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Which of the following risk factors is most subjective?

• A.Competency of operating management.
• B.Prior audit findings.
• C.Size of the unit being audited.
• D.Changes in staff, systems, or the environment.

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