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NEW QUESTION 42
It would be appropriate for an internal audit activity to use consultants with expertise in health-care benefits when the internal audit activity is:
I. Conducting an audit of the organization's estimate of its liability for post retirement benefits, which include health care benefits.
II. Comparing the cost of the organization's health care program with that of other programs offered in the industry.
III. Training its staff to conduct an audit of health care costs in a major division of the organization.
Answer: D
Explanation:
Section: Volume A
NEW QUESTION 43
Which of the following would be a violation of the objectivity of a certified internal auditor?
Accepting a motivational book from a major vendor.
Attending a professional sporting event as the guest of a corporate supplier.
Performing an internal audit engagement for a division 18 months after having controllership responsibility for that division.
Designing and implementing a corporate-wide utilities cost containment program.
Answer: A
NEW QUESTION 44
When internal auditors perform consulting services that add value and improve an organization's operations, these services:
Answer: D
NEW QUESTION 45
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