A post-audit questionnaire sent to audit clients is an effective mechanism for:

• A.Substantiating audit observations.
• B.Promoting the internal audit activity.
• C.Improving future audit engagements.
• D.Validating process flow.

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The chief risk officer (CRO) of a large manufacturing organization decided to facilitate a workshop for process managers and staff to identify opportunities for improving productivity and reducing defects. Which of the following is the most likely reason the CRO chose the workshop approach?

• A.Workshop participants have an opportunity to learn while contributing ideas toward the objectives.
• B.Responses can be confidential, thus encouraging participants to be candid expressing their concerns.
• C.It minimizes the amount of time spent and cost incurred to gather the necessary information.
• D.Workshops do not require extensive facilitation skills and are therefore ideal for nonauditors.

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Given the scarcity of internal audit resources, a chief audit executive (CAE) decided not to schedule a follow-up of audit recommendations when developing engagement work schedules. Does the CAE's decision violate the Standards?

• A.No, because the Standards do not specify whether follow-up is needed.
• B.No, because when there is evidence of sufficient motivation by the client, there is no need for follow-up action.
• C.Yes, because scarcity of resources is not a sufficient reason to omit follow-up action.
• D.Yes, because the Standards require the auditors to determine whether the client has appropriately implemented all of the auditor's recommendations.

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Which of the following would be the most effective method to prevent installation of new equipment that does not meet environmental permit requirements, or to prevent modification of current processes in such a way that they no longer meet permit requirements?

• A.Require that the staff of the environmental compliance department attend monthly safety meetings in different parts of the facility so that they can hear directly from the workers about any changes.
• B.Include the environmental compliance department in the review of proposed process changes and equipment purchases affecting permit requirements.
• C.Require that the environmental compliance department perform regular inspections of the manufacturing facility to identify new equipment or process modifications in progress.
• D.Rely on annual inspections by various regulatory agencies to identify equipment or processes that require a permit.

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According to IIA guidance, which of the following activities is most likely to enhance stakeholders' perception of the value the internal audit activity (IAA) adds to the organization?
1. The IAA uses computer-assisted audit techniques and IT applications.
2. The IAA uses a consistent risk-based approach in both its planning and engagement execution.
3. The IAA demonstrates the ability to build strong and constructive relationships with audit clients.
4. The IAA frequently is involved in various project teams and task forces in an advisory capacity.

• A.1 and 2
• B.2 and 4
• C.3 and 4
• D.1 and 3

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