Certified Internal Auditor (CIA) exam sample question part II

This sample question is for CIA exam part II: Audit Engagement

1. Which of the following best describes an auditor’s responsibility after noting some indicators of fraud?
a. Expand activities to determine whether an investigation is warranted.
b. Report the possibility of fraud to senior management and ask how to proceed.
c. Consult with external legal counsel to determine the course of action to be taken.
d. Report the matter to the audit committee and request funding for outside specialists to help investigate the possible fraud

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