The PCAOB is responsible for overseeing and regulating all public accounting firms that practice before

the SEC, execpt :

a. Establish auditing standards
b. Audit workpapers retention
c. Conduct inspections of registered public accounting firms
d. Enforce SOx compliance

COBIT’s five major areas of emphasis arranged around the important core concept
of IT governance,except :
A.Strategic alignment
B.Value delivery
C.Risk management
D.Performance analyze

Principles of Internal Control:

a. Meeting stakeholder needs
b. Resource management
c. Performance measurement
d. Strategic alignment

The COSO ERM Framework component consist of four vertical columns that representing the strategic
objectives of enterprise risk, except :
A. Monitoring
B. Operations
C. Reporting
D. Compliance

Which of these enablers are the key decision‐making entities in an enterprise?

a. Personal professional skills and competencies
b. Information
c. Organizational structure
d. Principles, policies, and frameworks

Risk interdependences are the part of common risk ...

a) Key Risk Assessment
b) Risk Identification
c) expected Values and Response Planning
d) Risk Monitoring

Any internal audit review of enterprise ERM processes should be planned through risk-based internal
audit project planning approaches using some of the following tools, except...
a. Benchmarking
b. Questionnaires
c. Assessing
d. Process flowcharting