Kiểm toán nội bộ MCQ

What is the main objective of the internal audit function within an organization?

• Managing external stakeholder relationships
• Monitoring employee productivity
• Ensuring compliance with legal requirements and internal policies
• Conducting market research for product development

Governance should help ensure that the objectives of an entity's stakeholders are met. Stakeholders include are met. Stakeholders include: 1.Employees 2. Regulators 3. Suppliers 4. Customers

• (1) and (4) only
• (2) and (3) only
• (2), (3) and (4) only
• (1), (2), (3) and (4)

Roles the internal audit function should not undertake?

• Evaluating risk management processes
• Giving assurance on the risk management processes
• Making decisions on risk responses
• Reviewing the management of key risks

The COSO ERM Framework emphasizes integrating risk management with what?

• Legal Compliance
• The organization's strategy and decision-making process
• Operational Procedures
• Technological Innovation

Who is responsible for implementing ERM?

• The chief financial officer
• The chief audit executive
• The chief compliance officer
• Management throughout the organization

Which of the following is the ultimate position of a career internal auditor?

• CEO
• CFO
• CRO
• CAE

Which of the following roles should internal audit avoid to maintain its independence?

• Reviewing risk mitigation measures
• Setting the risk appetite for the organization
• Supporting risk analysis
• Coordinating ERM activities

Independent outside auditors provide financial reporting assurance services primarily for

• The benefit of third parties
• Management
• Board of directors
• The CEO

One key benefit of implementing the COSO ERM Framework is:

• Guaranteeing higher profits
• Aligning risk appetite with strategic decision-making
• Eliminating all organizational risks
• Reducing the need for external auditors

Which of the following is not an example of a risk sharing strategy?

• Outsourcing a noncore, high-risk area
• Hedging against interest rate fluctuations
• Selling a nonstrategic business unit
• Buying an insurance policy to protect against adverse weather