Last Updated: Oct 04, 2026
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Ethics and Professionalism | 20% | - Professional Conduct
|
| Topic 2: Governance, Risk Management, and Control | 30% | - Governance and Risk
|
| Topic 3: Foundations of Internal Auditing | 35% | - Internal Audit Fundamentals
|
| Topic 4: Fraud Risks | 15% | - Fraud Awareness
|
Which of the following analytical procedures would be most effective for an internal auditor to examine changes in performance over time?
Correct Answer: A 🗳️
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Which of the following would best support the overall risk assessment?
Correct Answer: C 🗳️
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When is it appropriate for the internal auditor to determine the engagement's scope and objectives?
Correct Answer: C 🗳️
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During a travel expense audit engagement, the internal auditor discovered that the accounts payable staff spend a significant amount of time previewing expense reports before the reports are sent to managers for review and approval. The total of all expense reports during a year represents less than 1% of the organization' s total budget. Which of the following best supports the auditor'srecommendation to reduce the level of reviews?
Correct Answer: C 🗳️
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Which of the following is an important consideration when providing quality audit communications?
Correct Answer: B 🗳️
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