If an organization chooses to implement a control self-assessment program, the auditor should participate primarily as a:
A. Monitor
B. Facilitator
C. Project leader
D. The auditor should not participate in the organization's CSA program because doing so would create a potential conflict of interest.
Answer: B. Facilitator
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Which one of the following is not one of Frederik Taylor's "great principles of scientific management?"
a. The gathering in of the great mass of traditional knowledge. b. Taking a great deal of trouble in selecting the workmen. c. Bringing together of the science and the workmen. d. Completely redesigning the work of the establishment. e. Being firm but fair.
An insured 27 year old purchased a $60,000 . 20-year endowment policy with premiums payable annually. How much more did the insured pay the insurance company in premiums during his lifetime than he would have paid had he chosen a 20-payment life policy for the same amount and with annual premiums?