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NEW QUESTION 43
Which of the following standards would be most useful in evaluating the performance of a customer-service group?

A. The average time per customer inquiry should be kept to a minimum.B. All customer inquiries should be answered within seven days of receipt.C. Customer complaints should be processed promptly.D. Employees should maintain a positive attitude when dealing with customers.

Answer: B

 

NEW QUESTION 44
While reviewing the contracts for a large city, the internal auditor learns that the organization contracted to perform trash collection is paid based on the number of bins emptied each week As a result, the city has minimal control over payments Which of the following actions should the auditor recommend to give the city greater control over payments?

A. Require that the contractor provide supervisory review of the number of bins emptied each dayB. Change the contract so payment is based on the distances traveled by the contractor during collection.C. Renegotiate a lump-sum contract when the contract is up for renewalD. Assign a city employee to verify the number of bins emptied each day

Answer: C

 

NEW QUESTION 45
Which of the following is a disadvantage of selecting a commercial software package rather than developing an application internally?

A. Employee resistance to change.B. Inadequate technical support.C. Incompatibility with client/server technology.D. Lack of flexibility.

Answer: D

 

NEW QUESTION 46
Which of the following techniques is the most relevant when an internal auditor conducts a valuation of an organization's physical assets?

A. Vouching.B. Original cost.C. Observation.D. Inspection.

Answer: D

 

NEW QUESTION 47
Which of the following would not be a typical activity for the chief audit executive to perform following an audit engagement?

A. Determine the costs of implementing the recommendations.B. Report follow-up activities to senior management.C. Evaluate the extent of improvements.D. Implement follow-up procedures to evaluate residual risk.

Answer: A

 

NEW QUESTION 48
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