internal audit

Which of the following controls are organization and management controls? Methods and procedures to provide guidance on how the IT department does its work and segregation of duties Prototyping and segregation of duties Segregation of duties and restriction of access to systems software to authorized personnel Methods and procedures to provide guidance on how the IT department does its work and restriction of access to systems software to authorized personnel Question 13 (1 point) Saved Purchasing consists of procuring goods to be consumed, resold as is, or used as a direct input to the production of other goods for sale. Which of the following statements does not describe a risk specifically related to this management function? Overuse of raw materials Excessive inventory of raw materials Stock-out of raw materials Poor-quality raw materials failing to meet specifications Which of the following statements best describes the factors that the internal auditor should consider in determining the extent to which analytical procedures should be used during an engagement? The availability of information, the adequacy of the system of internal control, and the significance of the area being examined The adequacy of the system of internal control, potential errors, and the significance of the area being examined The availability of information, the adequacy of the system of internal control, and the occurrence of unusual events The adequacy of the system of internal control, potential errors, and unexpected differences Question 11 (1 point) Saved Which point is important to the interview process? Advise the interviewee that their cooperation is mandatory Ask closed-ended questions Tape-record all interviews with or without the knowledge of the interviewee Listen effectively to ensure you understand the information