Which of the following is Correct?

A. Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.

B. Take guidelines to analyst conflicts of internal auditing.

C. Required orientation and continuing education regarding audits.

D. Assets are safeguards for internal audits.

The policy statement that defines the objectives for and commitment to risk management within the organization's strategic and operational context is called:

A. Risk management

B. Enterprise risk management

C. Strategic risk management

D. Operational risk management

Skill at sensing other people's emotions, understanding their perspective and taking an active interest in their concerns is called:

A. Empathy

B. Condolences

C. Approval

D. Promptness

"Getting the ball rolling" by facilitating the process, scheduling meetings, arranging necessary facilities and equipment and gather information all includes in __________ phase of project management.

A. Implementation

B. Reporting

C. Planning

D. Analyzing

Which of the following is correct?

A. the end product of strategic planning is the operational plan

B. the start product of strategic planning is the strategic plan

C. the end product of strategic planning is the strategic plan

D. the end product of operational planning is the strategic plan

Use of observations and interviews to study how people learn, interact with others or make decisions refers to:

A. Open-ended discussion

B. Focus groups

C. Ethnographic analysis

D. None of the above

In which standard, the chief executive should establish a follow-up process to monitor and ensure that management actions have been effectively implemented or that senior management has accepted the risk of not taking action.

A. 2050.C1- Investigating progress

B. 2500.A3- Implementing progress

C. 2500.A1- Monitoring progress

D. 2500.A2- Mitigating progress

Management thinks in terms of risk (implicitly and explicitly), and management rarely thinks in terms of control.

A. True

B. False

Which of the following is NOT the factor involved that influence the state of an organization's control environment?

A. History of control weakness

B. Strong code of conduct

C. Strong ethics policy

D. Improve productivity

After the risks to the organization have been identified, management undertakes a thorough and complete analysis of their possible effects, this is called:

A. Risk assessment

B. Risk management

C. Risk analysis

D. Risk control