The internal audit activity wants to assess how the procurement department governs itself and contributes to organizational
Question:
The internal audit activity wants to assess how the procurement department governs itself and contributes to organizational governance. Which of the following would be the most appropriate engagement objective?
a. To evaluate whether controls in the procurement department are adequately designed and operating effectively to safeguard agency assets
b. To assess whether the objectives of the procurement department align with the organizations mission
c. To evaluate the whether the procurement department effectively communicates risk and control information to appropriate areas
d. To assess whether the procurement department risks are properly identified, assessed, and managed
For an audit of employee overtime payments, which of the following describes audit evidence that is objective, documentary, and corroborative?
a. Employees approved time sheets and time recorded in the electronic attendance system
b. Employee questionnaires and interviews with supervisors
c. Overtime hours accrued in the online attendance system and hours of paid time off in the online attendance system
d. Employees bank statements and auditors observation of employees work habits
Introduction To Health Care Management
ISBN: 9781284081015
3rd Edition
Authors: Sharon B. Buchbinder, Nancy H. Shanks