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NEW QUESTION 52
A chief audit executive (CAE) was asked to participate in the selection of an external auditor. Which of the following would not be a typical responsibility for the CAE?

• A. Develop appropriate performance metrics.
• B. Monitor the work of the external auditors.
• C. Recommend criteria to be used in the selection process.
• D. Evaluate the proposed external auditor fee.

Answer: A

NEW QUESTION 53
According to IIA guidance, which of the following steps are most important for an internal auditor to perform when evaluating an organization's social and environmental impact on the local community?
1) Determine whether previous incidents have been reported, managed, and resolved.
2) Determine whether a business contingency plan exists.
3) Determine the extent of transparency in reporting.
4) Determine whether a cost/benefit analysis was performed for all related projects.

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

Answer: D

NEW QUESTION 54
Which of the following corporate social responsibility strategies is likely to be most effective in minimizing confrontations with influential activists and lobbyists?

• A. Maintain a comprehensive publicity campaign that highlights the organization's efforts.
• B. Increase goodwill through philanthropic activities among stakeholder communities.
• C. Continually evaluate the needs and opinions of all stakeholder groups.
• D. Ensure strict compliance with applicable laws and regulations to avoid incidents.

Answer: C

NEW QUESTION 55
An organization suffered significant damage to its local file and application servers as a result of a hurricane. Fortunately, the organization was able to recover all information backed up by its overseas third-party contractor.
Which of the following approaches has been used by the organization?

• A. Data center management.
• B. Managed security services.
• C. Systems integration.
• D. Application management.

Answer: A

NEW QUESTION 56
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