It's Time For Our Fun Quiz!

10 Questions

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Fun Quizzes & Trivia

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Questions and Answers
  • 1. 
    May Is International Internal Audit ­­­­­­­­­­­­__________ Month!!!
    • A. 

      Forgiveness

    • B. 

      Awareness

    • C. 

      Appreciation

    • D. 

      Persecution

  • 2. 
    The ______ is a global professional association and standard-setting body for internal auditors worldwide.
    • A. 

      CIA

    • B. 

      FBI

    • C. 

      TTPS

    • D. 

      IIA

  • 3. 
    There are _______ lines of Defence. Internal Audit forms the _______ line of Defence.
    • A. 

      4/ 3rd

    • B. 

      3/ 3rd

    • C. 

      5/ 1st

    • D. 

      3/ 2nd

  • 4. 
    __________ auditors are typically employed by the organization though independent of the activities they audit.
    • A. 

      Independent

    • B. 

      Internal

    • C. 

      External

    • D. 

      Self-Employed

  • 5. 
    JMMB Bank has an internal audit ____________ arrangement with the Advisory Services section of __________
    • A. 

      Co-source/ PwC

    • B. 

      Outsource/ PwC

    • C. 

      Resource/ PcW

    • D. 

      In-house/ KPMG

  • 6. 
    The __________ Auditor is independent of the organization they are auditing; they report to the company’s ____________.
    • A. 

      Independent/ CEO

    • B. 

      Internal/ Shareholder

    • C. 

      External/ Shareholder

    • D. 

      Self-Employed/ Audit Committee

  • 7. 
    The main responsibility of the external auditor is to perform the annual __________audit of the financial statements.
    • A. 

      Statutory

    • B. 

      Regulatory

    • C. 

      Compliance

    • D. 

      Obligatory

  • 8. 
    The JMMB Group has appointed ________ as its External Auditor, they mainly visit once per year close to the end of the company’s financial year end.
    • A. 

      PwC

    • B. 

      Internal Audit

    • C. 

      KPMG

    • D. 

      Deloitte & Touche

  • 9. 
    Internal Audit reports _____________ to the Board Audit Committee and ­­­­­­­­___________ to the Managing Director/ CEO.
    • A. 

      Directly/ Indirectly

    • B. 

      Upward/ Administratively

    • C. 

      Administratively/ Functionally

    • D. 

      Functionally/ Administratively

  • 10. 
    There are _____________ team members on the JMMBTT Internal Audit activity.
    • A. 

      3 and PwC

    • B. 

      1 and PwC

    • C. 

      4 and PwC

    • D. 

      5 and PwC