After Being Terminated Due to Downsizing, an Internal Auditor Finds

question 211

Multiple Choice

After being terminated due to downsizing, an internal auditor finds a different job with an organization in the same industry. Which of the following actions would violate the IIA Code of Ethics?

• A) To determine audit priorities in the new job, the auditor uses the audit risk approach that the auditor's previous employer used, without receiving permission to do so.
• B) At the new organization, the auditor is asked to develop forms to implement probability-proportional-to-size sampling. Although unsure of how to perform this type of sampling, the auditor proceeds without asking for assistance.
• C) In preparing for an audit at the previous organization, the auditor had conducted a great deal of research on the Internet at home to identify best practices for the management of a treasury function. The auditor has retained much of the research and uses it to conduct an audit of the new employer's treasury function.
• D) In the first week at the new organization, the auditor discovers a high fraud risk surrounding the organization's database and suggests that the information technology department implement a new password system to prevent fraudulent actions before they occur.

Comprehend the development of self-sufficiency and the resolution of various psychosocial crises during childhood.

Recognize the importance of caregiver behavior in the development of attachment styles in infants.

Understand the relationship between food composition, including fats, and caloric content.

Comprehend the nutritional impact and health implications of alcohol consumption.

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Definitions:

Complementary Brands

Brands that offer products or services that enhance or are necessary for the use of another product, creating mutual demand.

Increase Profits

The action or strategy aimed at boosting a company's earnings above its current levels.

Substitutable Product

A product that can be replaced or substituted with another product by consumers, often due to similar functions or characteristics.

Insensitive

Describes a reaction or response that does not change significantly despite changes in external conditions or stimuli.