| Exam Name: | Internal Audit Engagement | ||
| Exam Code: | IIA-CIA-Part2 Dumps | ||
| Vendor: | IIA | Certification: | CIA |
| Questions: | 747 Q&A's | Shared By: | fateh |
Which of the following should be the focus of the effect section of the preliminary observations document?
Following an audit, management developed an action plan to improve controls over the handling of scrap metal. Which of the following would be the most appropriate course of action for the auditor to follow up?
An audit observation noted that annual inventory counts of biofuel was not being performed appropriately Fuel yards were not visited and physical amounts of biofuel were not reconciled with accounting data Management of the division understood the issue and promised to resolve the problem When should the internal auditor schedule a follow-up review?
An internal auditor reviewed bank reconciliations prepared by management of the area under review. The auditor noted that the bank statements attached did not have the
bank heading, logo, or address. Which of the following statements is true regarding this situation?