Certified Internal Auditor - Part 1questions with correct answers

When an internal auditor identifies multiple factors that have been linked with possible fraudulent conditions and suspects that fraud has taken place, the auditor should Correct Answer-Recommend an investigation. An internal auditor who encounters an ethical dilemma not explicitly addressed by The IIA's Code of Ethics should always Correct Answer-Take action consistent with the principles embodied in The IIA's Code of Ethics. Ordinarily, those conducting internal quality program assessments report to Correct Answer-The chief audit executive. Internal auditors may include in their audit report that their activities conform with The IIA Standards. They may use this statement only if Correct Answer-It is supported by the results of the quality program. During an engagement to evaluate the organization's accounts payable function, an internal auditor plans to confi