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NEW QUESTION: 1
An internal auditor is reviewing purchases made through the organization's corporate credit card program. Which of the following statements best describes a root cause of a deficiency?
A. Company policy limits card use to $500 per transaction.
B. A personal computer was purchased from a non-approved vendor.
C. Sample testing found 10% non-compliance with the organization's business travel policy.
D. A control to detect split purchases has not been activated in the credit card system.
Answer: D

NEW QUESTION: 2
In a review of a bank's home mortgage loan application register, which of the following must be included in Regulation C reporting?
A. Interim construction loan applications
B. Loans made or purchased in a fiduciary capacity
C. Loans made and sold within the reporting period
D. Servicing rights purchased
Answer: C

NEW QUESTION: 3
Which statements are true about standard fields?
A. You can remove required std fields from a page layout
B. You can change the std field labels
C. You can delete std fields
D. Std fields are created by Admin
Answer: B