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NEW QUESTION 35
Which of the following activities would be performed during a benchmarking consulting engagement?
I. Collect data relevant to the benchmarking process.
II. Review all business processes.
III. Define critical success factors.
IV. Identify performance gaps.

A. I and III onlyB. I, III, and IV onlyC. II and IV onlyD. I, II, and III only

Answer: B

Explanation:
Section: Volume B

 

NEW QUESTION 36
A chief audit executive (CAE) a developing a work program for an upcoming engagement that will review an organization's small contracting services. When of the following would the CAT need to consider most when developing the work program?

A. The organization's recent changes to how it processes paymentsB. The internal audit activity's increase n budget and staffing for the yearC. The certifications held by the internal auditors assigned to the engagementD. The contracting department's staffing changes within the last year

Answer: A

 

NEW QUESTION 37
Which of the following has the greatest effect on the efficiency of an audit?

A. The method and amount of supporting detail used for the audit report.B. The complexity of deficiency findings.C. The organization and content of workpapers.D. The adequacy of preliminary survey information.

Answer: D

Explanation:
Section: Volume E

 

NEW QUESTION 38
According to the IIA guidance, which of the following foes the engagement work test in a review in a review of an organization al process?

A. Process scopeB. Process objectivesC. Process controlsD. Process risks

Answer: C

 

NEW QUESTION 39
......


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