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NEW QUESTION 27
Which of the following best describes the assessment of risks?
Answer: A
NEW QUESTION 28
An organization is beginning to implement an enterprise risk management program. One of the first steps is to develop a common risk language. Which of the following statements about a common risk language is true?
Answer: B
NEW QUESTION 29
The chief audit executive (CAE) is planning to conduct an internal assessment of the internal audit activity (IAA). Part of this assessment will include benchmarking. According to IIA guidance, which of the following qualitative metrics would be appropriate for the CAE to use?
1. Average client customer satisfaction score for a given year.
2. Client survey comments on how to improve the IAA.
3. Auditor interviews once an audit has been completed.
4. Percentage of audits completed within 90 days.
Answer: D
Explanation:
Section: Volume F
NEW QUESTION 30
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