Which of the following analytical techniques would an internal auditor use to verify that none of an organization's employees are receiving fraudulent invoice payments?

• A.Join different data sources.
• B.Perform gap testing.
• C.Calculate statistical parameters.
• D.Perform duplicate testing.

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Which of the following should an organization consider when developing strategic objectives for its business processes?
1) Contribution to the success of the organization.
2) Reliability of operational information.
3) Behaviors and actions expected of employees.
4) How inputs combine with outputs to generate activities.

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

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Which of the following examples demonstrates that the internal audit activity uses descriptive analytics in its engagements?

• A.An internal auditor analyzed electricity production and sales interim reports and compiled a risk assessment.
• B.An internal auditor extracted sales data to a spreadsheet and applied judgmental analysis for sampling.
• C.An internal auditor broke down a complex process into smaller pieces to make it more understandable.
• D.An internal auditor classified solar panel sales by region and discovered unsuccessful sales representatives.

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Which of the following statements is true regarding the roles and responsibilities associated with a corporate social responsibility (CSR) program?

• A.The board has overall responsibility for the internal control processes associated with the CSR program.
• B.Management has overall responsibility for the effectiveness of governance, risk management, and internal control processes associated with the CSR program.
• C.The internal audit activity is responsible for ensuring that CSR principles are integrated into the organization's policies and procedures.
• D.Every employee has a responsibility for ensuring the success of the organization's CSR objectives.

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Which of the following assumptions regarding cost-volume-profit analysis is true?

• A.Costs are affected by changes in activity only.
• B.The behavior of costs and revenues is inverse.
• C.Only variable costs have to be classified accurately.
• D.When more than one type of product is sold, the sales mix changes.

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