WorksheetsCOSO IC Awareness: Pre-session Quiz
Total questions: 11
Worksheet time: 6mins
A formal document that explains how a process is to be carried out
A management’s operating philosophy
A set of procedures and actions put in place to control risks
A tool used to measure the effectiveness of risk and compliance management
ISO Auditors as part of the Total Quality Management (TQM) function
Internal Audit Dept.
Head of each Dept.
Risk Management Dept.
Q3. Recently, it was confirmed by the authority that around 25,000 of customers’ data of XX Corporation have been compromised and leaked.
Who from the list below is primarily accountable for this situation in the eyes of the authority and the shareholders of the Company?
Internal Audit Dept.
Head of IT Dept.
Head of Compliance & Integrity
CEO
Drawing up the Job Description for the position of Customer Relationship Manager
Ensuring accuracy, timeliness and integrity of month end closing financial statements by the Finance & Accounts Dept.
Deciding on the right person for the right job/role
Monitoring guide over the payroll processing 3rd party that the company has outsourced to
All of the above
