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1. Communications with the auditee extend during various phases of audit engagement and reporting. This includes all except: A. Entrance/kick-off meeting B. Exit meeting C.

1. Communications with the auditee extend during various phases of audit engagement and reporting. This includes all except:

A. Entrance/kick-off meeting

B. Exit meeting

C. Preparing relevant Audit Program(s)

D. Draft Audit report

2. Which of the following is least likely to be placed on the agenda for discussion at a pre-engagement meeting?

A. Expected starting and completion dates

B. Sampling methodology that will be used

C. Objectives and scope of the engagement

D.Client personnel needed

3. The objectives of Internal Audit Procedures/Operations Manual do not include

A. Provide guidelines in planning and performance of audits and ensure consistency

B. Educate audit staff on internal audit functions methods of operation and provide linkage to related standards, policies and procedures

C. Detail the position of Internal Audit function in the firm and its relationship to the other units/departments

D. Be an electronic storage facility for detailed work papers of all completed audits

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