IIA-CIA-PART2 · Question #384
Which of the following would help the internal audit activity assess compliance with the organization's standard operating procedures for bank deposits during a preliminary survey?
The correct answer is D. Issue an internal control questionnaire to select branch managers. The most appropriate action to assess compliance with the organization's standard operating procedures for bank deposits during a preliminary survey is to issue an internal control questionnaire to select branch managers. Branch managers are directly responsible for the day…
Question
Which of the following would help the internal audit activity assess compliance with the organization's standard operating procedures for bank deposits during a preliminary survey?
Options
- AIssue an internal control questionnaire to select branch customers.
- BIssue an internal control questionnaire to the president of the organization.
- CIssue an internal control questionnaire to the director of bank operations.
- DIssue an internal control questionnaire to select branch managers.
How the community answered
(19 responses)- A5% (1)
- C5% (1)
- D89% (17)
Explanation
The most appropriate action to assess compliance with the organization's standard operating procedures for bank deposits during a preliminary survey is to issue an internal control questionnaire to select branch managers. Branch managers are directly responsible for the day- to-day operations at their branches, including adherence to standard operating procedures for bank deposits. They are in the best position to provide accurate and relevant information about the controls in place and their effectiveness.
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