Certified Research Administrator Practice Exam

What is the name of the audit conducted by internal/external auditors that focuses on a specific issue or concern?

1. Direct Review

2. Survey Review

3. Routine Scheduled Inspection

4. For-cause review

The correct answer is: Direct Review

The correct answer is that the audit conducted by internal or external auditors focusing on a specific issue or concern is known as a for-cause review. This type of audit is typically initiated due to a specific concern or suspected irregularity, as opposed to more general or routine audits that follow a predetermined schedule. For-cause reviews are particularly important in identifying and addressing specific risks or problems within an organization, allowing auditors to create targeted action plans and make recommendations to rectify issues. The focus on a specific concern makes this type of audit distinct from routine scheduled inspections, which are generally broader and periodic in nature, assessing overall compliance and performance. Understanding the nature of for-cause reviews is essential for effective audit practices, as they help organizations respond proactively to potential risks and identify opportunities for improvement in processes and controls. This targeted approach is particularly valuable in research administration, where compliance and financial stewardship are critical.