During a payroll audit of a large organization, an internal auditor noted that the assistant personnel director is responsible for many aspects of the computerized payroll system, including adding new employees in the system; entering direct-deposit information for employees; approving and entering all payroll changes; and providing training for system users. After discussions with the director of personnel, the auditor concluded that the director was not comfortable dealing with information technology issues and felt obliged to support all actions taken by the assistant director. The auditor should:
One method for dealing with the uncertainty of demand forecasts used in linear programming is to extend the model solution to include:
Which of the following factors should a chief audit executive consider when determining the audit universe?
1.Components of the organization's strategic plan.
2.Inputs from senior management and the board.
3.Views of competitors and business associates.
4.Results of exit interviews with departing employees.
Which of the following is an appropriate role for the internal audit activity with regard to the organization's risk management program?
An audit of an organization's claims department determined that a large number of duplicate payments had been issued due to problems in the claims processing system. During the exit conference, the vice president of the claims department informed the auditors that attempts to recover the duplicate payments would be initiated immediately and that the claims processing system would be enhanced within six months to correct the problems. Based on this response, the chief audit executive should:
