1. ______ is multipurpose software that can be used for general purposes such as record selection, matching, recalculation, and reporting.
   1. Continuous audit software (CAS)
   2. Utility software
   3. Generalized audit software (GAS)
   4. Test audit software (TAS)
2. An auditable entity has an internal control significance of 0.25 and the likelihood of an internal control weakness score of 0.80. We have assumed here that internal audit has taken no steps to see if the weakness were corrected. Rounded to two decimals, the entity would receive a preliminary audit score of
   1. 1.05
   2. 0.20
   3. 0.25
   4. 0.80
3. _________ involves redoing controls or other procedures, and provides direct audit evidence regarding their operating effectiveness.
   1. Re-performance
   2. Tracing
   3. Vouching
   4. Internal benchmarking
4. Under the attribute standard for due professional care in IIAs International Standards for the Professional Practice of Internal Auditing, internal auditors must
   1. Take an annual exam
   2. Consider the use of technology-based audit and other data analysis techniques
   3. Provide an annual report to the SEC
   4. Perform continuous risk assessment and report results to outside investors