1.According to the Association of Certified Fraud Examiners 2018 Report to the Nations Fraud Prevention Checklist, best practices for hiring include past employment verification

True

False

2.Responsibilities of key activities related to specific risks that may fall under the responsibility of risk managers include all of the following except which one?

Understanding and assessing the severity of risks.

Aligning risks with senior managements perspective on severity of risks.

Advising on the practicality and cost versus benefit of proposed risk responses.

Leading the internal audit of various aspects of the ERM function.

3.According to Sobel (2018), internal auditors should recognize the interaction between different risks when generating a portfolio view of risks.

True

False

4.According to Sobel (2018), internal auditors should consider both internal and external context in risk identification.

True

False

5.According to the Association of Certified Fraud Examiners 2018 Report to the Nations, the percent of fraud cases that were referred to law enforcement has gradually decreased since 2008.

True

False