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NEW QUESTION: 1
Which risk response strategy is common for both positive and negative risks?
A. Accept
B. Mitigate
C. Transfer
D. Share
Answer: A

NEW QUESTION: 2
What is the name of the method used to illicitly target a senior person in an organisation so as to try to coerce them Into taking an unwanted action such as a misdirected high-value payment?
A. Whaling.
B. C-suite spamming.
C. Spear-phishing.
D. Trawling.
Answer: C

NEW QUESTION: 3
Which of the following situations would most likely result in the auditor in charge (AIC) recommending that the staff auditor further investigate non-compliant items?
A. A staff auditor conducted a test of 85 non-statistical sample items, selected randomly, and 5 are not in compliance with organizational policy.
B. Before the staff auditor conducted a test of statistical sample items, the AIC was already aware of underlying control weaknesses.
C. A staff auditor conducted a test of 25 non-statistical sample items, selected judgmentally, and 5 are not in compliance with organizational policy.
D. A staff auditor conducted a test of statistical sample items, the results of which fall below the acceptable error rate by less than one percentage point.
Answer: C