Which of the following is Correct?
In traditional approach, objectives used were of management’s and in control selfassessment approach it is of work teams’.
_____________ define specific organizational goals and should be reasonably obtainable and contain execution strategies.
Risks are accessed on both an inherent and a residual basis and the assessment considers both risk likelihood impact.
Detective controls may inhibit the free use of computing resources and can be applied only to the degree that the users are willing to accept.
Performance results can be measured in terms of:
Determination that the evidence has a logical relationship to the findings is known as:
Internal auditors have which following four principles to uphold and apply.
To make sure the performance data is accurate, sufficient and reliable is called:
The risk remaining after management takes action to reduce the impact and likelihood of an adverse event is called residual risk.
