Quiz: Supervisor’s Review Notes of Internal Audit Engagements

Supervisor’s Review Notes – Situational Quiz (10 MCQs)

  1. A review note highlights missing source evidence. What is the appropriate response?
    A. Ignore and proceed
    B. Provide supporting documentation
    C. Finalize report immediately
    D. Forward to client

  2. A supervisor notices duplicated procedures. What should be done?
    A. Leave as is
    B. Note the redundancy
    C. Issue a new audit plan
    D. Remove all workpapers

  3. Workpaper findings lack clarity. What should the supervisor request?
    A. Rewrite for clarity
    B. Include more jargon
    C. Use longer paragraphs
    D. Skip them

  4. Review notes should be resolved:
    A. Before report finalization
    B. After stakeholder review
    C. By external consultants
    D. Post-audit debrief

  5. A review note points to incomplete sampling data. What should happen?
    A. Estimate the results
    B. Adjust the report
    C. Re-perform testing or provide data
    D. Remove the sampling section

  6. Why should a review note be documented and dated?
    A. For transparency and tracking
    B. For marketing use
    C. To assign penalties
    D. For billing

  7. If an auditor disagrees with a review note, what is the best approach?
    A. Escalate without discussion
    B. Ignore the feedback
    C. Discuss and provide evidence
    D. Transfer audit

  8. A supervisor identifies irrelevant evidence in workpapers. They should:
    A. Approve it
    B. Request removal or replacement
    C. Send to another team
    D. Flag for IT

  9. What is the best tool to streamline review note tracking?
    A. Email chains
    B. Sticky notes
    C. Audit management software
    D. Verbal logs

  10. Review notes help internal audit teams:
    A. Avoid learning
    B. Complete more audits quickly
    C. Improve quality and consistency
    D. Add more paperwork unnecessarily


Answer Key:

  1. B 2. B 3. A 4. A 5. C

  2. A 7. C 8. B 9. C 10. C