An Internal Auditor Has Been Asked to Conduct an Investigation

question 128

Multiple Choice

An internal auditor has been asked to conduct an investigation involving allegations of independent contractor fraud. Which of the following controls would be least effective in detecting any potential fraudulent activity?

• A) Exception report identifying payment anomalies.
• B) Documented policy and procedures.
• C) Periodic account reconciliation of contractor charges.
• D) Monthly management review of all contractor activity.

---

Definitions:

Good Shepherd Mosaic

An early Christian art piece depicting Jesus Christ as the shepherd, exemplifying themes of care, guidance, and protection.

Mausoleum of Galla Placidia

A historical monument in Ravenna, Italy, known for its rich mosaics and significance as a UNESCO World Heritage site, associated with the Roman Empress Galla Placidia.

Byzantine Style

An artistic and architectural style that developed in the Byzantine Empire, characterized by religious iconography, mosaic works, and domed churches.

Classical Tradition

The cultural, artistic, and intellectual legacies of ancient Greece and Rome, which have influenced Western culture and arts through the centuries.