IIA-CIA-Part2 Exam Dumps | 'Internal policy prohibits employees from entering into contacts with financial obligations without proper

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Question 106/191

'Internal policy prohibits employees from entering into contacts with financial obligations without proper approval.
A project manager signed a change to an important service agreement without obtaining the proper approval As a result the organization is receiving $5,000 per month less for its services.'' Which of the following should be added to the observation?

A. The reason for not following the internal policy

B. A description of what constitutes proper approval

C. The annual impact of the changed agreement on cash flows

D. Details regarding when the change to the agreement was signed

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Question 106/191

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