ServiceNow-GRC

What is the primary goal of audit management?

• Increase revenue

• Monitor regulatory changes

• Assess compliance and reduce risks

• Manage IT configurations

Which of the following is NOT a phase of the audit process?

• Planning

• Execution

• Recovery

• Reporting

An external audit is typically conducted by:

• Internal employees

• Third-party organizations

• The IT department

• Business continuity teams

Which document outlines the scope of an audit?

• Audit Charter

• Risk Assessment Report

• Incident Report

• Compliance Checklist

Audit findings should be:

• Ignored unless critical

• Reported and resolved

• Kept confidential

• Shared only with external stakeholders

A compliance audit focuses on:

• Financial performance

• Regulatory requirements

• Marketing strategies

• IT configurations

Which tool is commonly used for automated audit management?

• ServiceNow

• Microsoft Excel

• Google Docs

• Photoshop

The first step in audit planning is:

• Reporting findings

• Identifying the scope and objectives

• Implementing corrective actions

• Conducting interviews

What is a key benefit of internal audits?

• Lower operational costs

• External validation

• Early detection of compliance issues

• Customer satisfaction

Audit trails are essential for: A. Data analysis B. Investigating incidents C. Marketing campaigns D. Product development

• Data analysis

• Investigating incidents

• Marketing campaigns

• Product development