Quiz 3 LA and Quiz 2 LI: Fundamental concepts and principles

Which of the following is an example of active bribery?

• Employees accepting excessive gifts from a third party in return for providing confidential information

• The head of procurement of an organization requesting from a supplier a kickback payment in return for the award of a contract

• Requesting a third party to make cash payments to an employee of a customer in order to secure a contract

What is a public official?

• External party with whom the organization has some form of business relationship

• Person holding a legislative, administrative, or judicial office

• Person who provides specific knowledge or expertise to the audit team

Which activity may lead to a potential conflict of interest?

• Nepotism

• Self-dealing

• Both

Which audit principle requires organizations to apply procedures that prevent employees from engaging in bribery activities?

• Top-level commitment

• Due diligence

• Communication and training

In what external risk group do projects with different intermediaries such as foreign public officials, partnerships with politically exposed persons, or joint venture partners belong?

• Sectoral risk

• Business partnership risk

• Business opportunity risk

Which of the following is NOT an anti-bribery management principle?

• Due diligence

• Awareness

• Monitoring and review

An organization has established anti-bribery policies and procedures that correspond to the bribery risks that is facing. Which anti-bribery management principle did the organization follow in this case?

• Proportionate procedures

• Top-level commitment

• Risk assessment

To whom should the anti-bribery policy be communicated?

• Interested parties

• To persons who pose more than a low risk of bribery

• Both