1. Which of the follows is internal audit functions responsibilities? Select one: a. Testing and evaluating whether the various risk management activities are operating as designed b. Conducting day-to-day monitoring activities to identify, in a timely manner, whether anomalies or divergences from expected outcomes have occurred. c. Implementing internal control policies and procedures to mitigate risks d. Establishing a risk committee to identify risks, linking the risks to management activities, and assigning risks to risk owners

2. t Which of the follows is considered an IT general control? Select one: a. An audit trail that enables management to trace transactions forward from the beginning of the process to the end and backward from the end of the process to the beginning. b. Input controls designed to check the integrity of data entered into an application. c. Implementing online configuration controls that enforce appropriate segregation of duties. d. Processing controls designed to ensure that processing is valid, complete, and accurate.