4 Reporting Findings and Managing Corrective Actions Online Quiz Questions

True

False

The criterion is that several approvals were late; the condition is the policy requiring approval within five days.

The criterion is the policy requiring approval within five days; the condition is that several approvals were late.

The criterion is the reason approvals were late; the condition is the potential harm caused by the delay.

The criterion is the corrective action; the condition is the evidence that the action worked.

True

False

Report the most serious interpretation immediately so the issue is not delayed.

Treat the conflicting evidence as proof that no gap exists.

Obtain clarification or additional evidence before drawing a firm conclusion.

Exclude the uncertain evidence and close the review without documenting the limitation.

The finding's age, the number of reviewers, and the cost of preparing the report.

The finding's scope, likelihood, impact, and existing controls.

The number of action-plan milestones and the format of the tracking log.

The preferred corrective action and the date the reviewer expects it to finish.

The requirement and its source.

A list of possible corrective actions that were not selected.

The process or population examined and the review period.

A summary of the reviewer's preferred outcome, regardless of the test.

The test performed, its results, and the basis for the conclusion.

The action and its intended result.

A guarantee that no risk will remain after the action.

A named accountable owner and any supporting roles.

A target completion date and milestones for longer work.

Evidence that will demonstrate implementation.

Close the finding because approval of the procedure proves the control works.

Ask management to confirm that staff have read the procedure, then close the finding.

Wait until the next annual review without checking any evidence.

Inspect suitable evidence and sample later cases to assess whether the procedure operates in practice.

Conclude immediately that the organization violated the requirement, without further evaluation.

Document the monthly requirement and quarterly practice as a potential gap, then assess its significance.

Treat the quarterly practice as acceptable because the reviews are still occurring.

Wait until management proposes a corrective action before comparing practice with the requirement.

Employees did not complete the training.

The training program was ineffective.

Training completion cannot be verified from the available records.

Management intentionally failed to retain training evidence.

True

False

Record the requirement and its source, the population and period examined, the test performed, the results, and the basis for the conclusion.

Record only the reviewer’s conclusion and the date it was entered.

Record the requirement and conclusion, but omit the test results when they are unfavorable.

Record the population examined and the proposed action, but not the evidence supporting the conclusion.

Ask employees to confirm verbally that they attended, then close the finding.

Send a reminder about training and rely on the manager’s future status updates.

Require the reviewer to create a list of employees and treat that list as proof of completed training.

Establish a controlled training roster, assign an owner to reconcile it to the employee population, and retain dated completion records.