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NEW QUESTION 44
During an audit engagement, the internal auditor discussed a risk mitigation recommendation with the manager of the area under review. The manager disagreed with the risk assessment and recommendation. The two failed to come up with an alternative solution, and the auditor decided to proceed with including the original recommendation in the engagement report. Which of the following is especially important in dealing with this type of situation?

  • A. Technical skills in the area under review.
  • B. Soft skills in communication, negotiation, and collaboration.
  • C. Professional qualifications and certification in internal auditing.
  • D. Confidentiality and independence.

Answer: B

 

NEW QUESTION 45
While attending a conference, an internal auditor won an all-expense paid trip sponsored by a vendor of the internal auditor's organization.
Which of the following actions are most appropriate for the auditor to take?

  • A. Give the prize to a friend or family member and notitfy the organization's audit committee.
  • B. Consult with an immediate supervisor and review the organization's ethics policy.
  • C. Give the prize to a friend or family member and review the organization's ethics policy.
  • D. Consult with an immediate supervisor and notify the organization's audit committee.

Answer: B

 

NEW QUESTION 46
According to IIA guidance, which of the following statements is true regarding the reporting of results from an external quality assessment of the internal audit activity?

  • A. The external assessment results are communicated upon completion to senior management and the board, but action plans for recommended improvements do not have to be reported.
  • B. The requirements for reporting quality assessment results are the same for external assessments and self-assessments with independent external validation.
  • C. The results of self-assessments with independent external validation are shared with the board upon completion, and monitoring of recommended improvements must be reported monthly.
  • D. The external assessment results are reported upon completion in confidence directly to the board, and senior management is advised only of the recommendations and improvement action plans.

Answer: C

 

NEW QUESTION 47
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