If an Organization's Chief Audit Executive Wants to Implement Continuous

question 428

Multiple Choice

If an organization's chief audit executive wants to implement continuous auditing, what is the appropriate order in which key steps should be undertaken?

• A) Identify business applications that require access. II. Implement steps to continuously assess risks and controls. III. Define objectives of continuous auditing. IV. Manage and report results.
• B) III, I, IV, II.
• C) II, I, III, IV.
• D) III, I, II, IV.
• E) II, III, I, IV.

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Definitions:

Locality Development

The process of building and enhancing the capabilities of a community or region, focusing on improving the quality of life and economic well-being of its residents.

Macro-Practice Model

A social work practice approach focused on large-scale social problems and systems, aiming for systemic changes to improve community and societal well-being.

Ethical Values

Principles that govern a person's behavior or the conducting of an activity regarding what is right and wrong.

Theory Y

A management approach that assumes employees are inherently motivated and capable of self-direction and creativity.