During an audit of a major metropolitan museum, an auditor was unable to locate selected items from the museum's collection. The director of the museum informed the auditor that the upcoming replacement of the museum's inventory tracking system would address the auditor's concerns. What follow-up activity should the auditor propose?
A) Receive periodic feedback from museum staff regarding the status of the system implementation.
B) Monitor the system implementation and schedule a follow-up review once the new system is in place.
C) Determine whether the items are indeed missing and assess the ability of the new system to remedy the problem.
D) Schedule an audit of the museum's security systems to determine if theft is a problem.
Correct Answer:
Verified
Q137: An audit of customer accounts receivable found
Q138: An internal auditor found that the cost
Q139: In a client satisfaction survey for an
Q140: An audit identified a number of weaknesses
Q141: Which of the following tests must an
Q143: Once an audit report is drafted, the
Q144: When interviewing an individual suspected of fraud,
Q145: Which of the following would be the
Q146: In a review of an electronic data
Q147: A chief audit executive has noticed that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents