6. Which of the following are business processes? I. Strategic planning. II. Review and write-off of delinquent loans. III. Safeguarding of assets. IV. Remittance of payroll taxes to the respective tax authorities. a. I and III. b. II and IV. c. I, II, and IV. d. I, II, III, and IV.
7. Which of the following symbols in a process map will most likely contain a question? 8. After business risks have been identified, they should be assessed in terms of their inherent: 9. In a risk by process matrix, a process that helps to manage a risk indirectly would be shown to have: 10. A major upgrade to an important information system would most likely represent a high: a. External risk factor. b. Internal risk factor. c. Other risk factor. d. Likelihood of future systems problems. 11. Which of the following is true regarding business process outsourcing? CHAP 6 1. Which of the following best describes an internal auditor’s purposein reviewing the organization’s existing governance, riskmanagement, and control processes? a. To help determine the nature, timing, and extent of tests necessary to achieve engagement objectives. b. To ensure that weaknesses in the internal control system are corrected.
You've reached the end of your free preview.
Want to read all 4 pages?
- Fall '14
- internal auditor