Exact2Pass
Proficiency in initiating new ideas and leading people in a new direction is called:
Effectively coordinating the activities of and communicating information among the board, external and internal auditors and management is one of the objectives of:
Apply principles of risk management at every management level for identifying, evaluating, avoiding, minimizing and controlling risks, is called:
When internal auditors establishes trust and thus provides the basis for reliance on their judgment, this refers to:
The combination of processes and structures implemented by the board in order to inform, direct, manage and monitor the activities of the organization toward its achievements is called:
The entire objectives-risks-controls infrastructures of an organization are subject to greater monitoring and continuous improvements due to:
The technique that involves developing a sequence of possible events and projecting potential results refers to:
After the risks to the organization have been identified, management undertakes a thorough and complete analysis of their possible effects, this is called:
The CSA process that results in identification of fraud indicators as well as actual fraudulent activities is called:
Evaluators determine how individuals react to written or verbal communication through;
The more extensive and detailed the documentation, the more it is to communicate and understand the optimal solution.
__________ can be used in control self-assessment workshops in conjunction with other interactive programs such as OptionFinder to allow participants to anonymously express their opinions on the information presented.
The amount of resources used or planned for a specific service or program is called:
The organization has performed analyses of the knowledge, skills, and abilities needed to perform jobs in an appropriate manner in order to:
Which of the following is NOT the dimension of both risks and their consequences?
The technique that compares current information with similar information from prior periods is known as:
Post implementation reviews of projects allow management to assess the degree to which the objectives were achieved for the resources expended in which phase of project management?
A process to identify, assess, manage and control potential events in order to provide reasonable assurance regarding the achievement of the organization’s objectives is called:
Enterprise risk management helps an entity to achieve its performance and profitability targets but lower prevents loss of resources.
In which standard, the internal audit activity should evaluate and contribute to the improvement of risk management, control and governance processes using a systematic approach.
______________ defines internal control, describes its components and provides criteria against which control systems can be evaluated.
The characteristics or values that will be used to measure outputs, outcomes or service levels from the activities of each operating unit, function, program or activity defines:
Compliance tests are procedures designed to verify whether controls are being applied in the manner described in the flowcharts, questionnaires etc.
To provide management with information to mitigate the negative consequences associated with accomplishing the organization’s objectives is the:
Fill in the Blanks
________ are the targets or goals that an organization to needs to achieve in order to fulfill its purpose as articulated in its mission, mission and value statements.
Which evidence is obtained from individuals through oral or written statements such as interviews, surveys and questionnaires?
Alleged perpetrators have the right to expect an objective investigation and that allegations against them will be kept as confidential as possible until they are substantiated, this refers to;
Which of the following is NOT the purpose of an organization that uses self-assessment to have a formal, documented process that allows management and work teams to participate in a structured manner?