Which of the following statements is true pertaining to interviewing a fraud suspect?
1. Information gathered can be subjective as well as objective to be useful.
2. The primary objective is to obtain a voluntary written confession.
3. The interviewer is likely to begin the interview with open-ended questions.
4. Video recordings always should be used to provide the highest quality evidence.

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

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

• A.It is not the CAE's responsibility to establish a process for a follow-up.
• B.Lack of resources is not a sufficient reason to forgo a follow-up.
• C.Follow-up actions should take priority over new engagements in scheduling.
• D.When resources are scarce, the follow-up can be incorporated into the next engagement.

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When interviewing an individual in relation to a fraud investigation, which course of action should the internal auditor follow?

• A.Discontinue questioning once the individual has confessed to the fraud.
• B.Assure the individual that the results of the interview will remain confidential.
• C.Establish a rapport with the subject to encourage openness.
• D.Refrain from deviating from the list of questions prepared before the interview.

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Which of the following factors would the auditor in charge be least likely to consider when assigning tasks to audit team members for an engagement?

• A.Whether the budgeted hours are sufficient to complete the audit within the current scope.
• B.The availability of the auditors in relation to the availability of key client staff.
• C.Whether outside resources will be needed, and their availability.
• D.The amount of experience the auditors have conducting audits in the specific area of the organization.

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Which of the following evaluation criteria would be the most useful to help the chief audit executive determine whether an external service provider possesses the knowledge, skills, and other competencies needed to perform a review?

• A.The relationship the service provider may have had with the organization or the activities being reviewed.
• B.The financial interest the service provider may have in the organization.
• C.Compensation or other incentives that may be applicable to the service provider.
• D.The service provider's experience in the type of work being considered.

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