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NEW QUESTION 20
Which of the following statements is false regarding the internal audit approach when a set of standards other than The IIA's Standards is applicable to a specific engagement?

• A. If the other standards are government-issued, the internal auditor should apply them in conjunction with The IIA's Standards.
• B. The internal auditor may cite the use of other standards during audit communications.
• C. If there are inconsistencies between the other standards and The IIA's Standards, the internal auditor must use the more restrictive standards.
• D. If there are inconsistencies between the other standards and The IIA's Standards, the internal auditor must use the less restrictive standards.

Answer: D

NEW QUESTION 21
All of the following are stages of the business cycle except:

• A. Trough.
• B. Recovery.
• C. Acceleration.
• D. Boom, or peak.

Answer: C

Explanation:
A business cycle has four stages: the trough, recovery, peak, and recession. Acceleration is not one of the stages.

NEW QUESTION 22
With regard lo project management when of the following statements about prefect crashing is true?

• A. It involves a revaluation of protect requirements and/or scope.
• B. It is a compression technique in which resources are added to the protect
• C. It leads to an increase in risk and often results in rework
• D. It is an optimization technique where activities are performed in parallel rather than sequentially

Answer: B

NEW QUESTION 23
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