Question 1

The first stage in the development of a crisis management program is to:

Options :

A : Formulate contingency plans.

B : Conduct a risk analysis.

C : Create a crisis management team.

D : Practice the response to a crisis.

Answer: B

Question 2

An organization's internal audit plan includes a recurring assurance review of the human resources (HR) department. Which of the following statements is true regarding preliminary communication between the auditor in charge (AIC) and the HR department?

1. The AIC should notify HR management when the draft audit plan is being developed, as a courtesy.

2. The AIC should notify HR management before the planning stage begins.

3. The AIC should schedule formal status meetings with HR management at the start of the engagement.

4. The AIC should finalize the scope of the engagement before communicating with HR management.

Options :

A : 1 and 3

B : 1 and 4

C : 2 and 3

D : 2 and 4

Answer: C

Question 3

Which of the following is an example of a phishing attack?

Options :

A : An employee receives an email that appears to be from the organization-s bank, though it is not. The employee replies to the email and sends the requested confidential information.

B : An organization-s website has been hacked. The hacker added political content that is not consistent with the organization-s views.

C : An organization-s systems have been compromised by malicious software. The software locks the organization-s operating system until d ransom is paid.

D : An organization-s communication systems have been intercepted. A communication session is controlled by an unauthorized third party.

Answer: A

Question 4

A chief audit executive (CAE) is determining which engagements to include on the annual audit plan. She would like to consider the organization's attitude toward risk and the degree of difficulty in achieving objectives. Which of the following resources should the CAE consult?

Options :

A : The corporate risk register.

B : The strategic plan.

C : Internal and external audit reports.

D : The board-s meeting records.

Answer: B

Question 5

Which of the following would be the most important consideration by the internal audit activity when selecting employees to perform an internal quality assessment?

Options :

A : Their understanding of auditing standards.

B : Previous experience working with the internal audit activity.

C : Their reporting line within the organization.

D : The nature of their regular duties and responsibilities.

Answer: A

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