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NEW QUESTION: 1
The chief audit executive (CAE) decided that based on management's oral response, the action taken on an audit observation for a minor improvement in the client's process is sufficient and no further follow-up is necessary. Which of the following would be the best statement regarding the action of the CAE?
A. The CAE action is not acceptable, as follow-up on the issue is critical until a written response is obtained from management.
B. The CAE action is acceptable as long as the follow-up is sufficient when weighed against the relative importance of the recommendation.
C. The CAE action is not acceptable, as a follow-up audit is needed to ensure that action is really taken by management.
D. The CAE action is acceptable as long as the issue has been escalated to the board to get their position on the issue.
Answer: B

NEW QUESTION: 2
Which of the following is the PRIMARY reason for implementing a risk management program?
A. Assists in incrementing the return on investment (ROD
B. Satisfies audit and regulatory requirements
C. Is a necessary part of management's due diligence
D. Allows the organization to eliminate risk
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The key reason for performing risk management is that it is part of management's due diligence. The elimination of all risk is not possible. Satisfying audit and regulatory requirements is of secondary importance. A risk management program may or may not increase the return on investment (ROD.

NEW QUESTION: 3
You are just finalizing your new website and you have heard that there are special tags that help indicate explanatory text for certain visual aspects of page content. Which tags help with this? Choose one of the following:
A. Description Tags
B. Alt Tags
C. Meta Tags
D. Title Tags
Answer: B