1. What is the purpose of the phases of the Internal Audit Report which are the following: (1st phase- Draft of the Audit Report, 2nd phase- Preliminary Audit Report and the Management Response, 3rd phase- Final Audit Report) 2. What can be the audit opinion for the following situation and indicate what type of Audit Opinion (positive, negative, qualified, disclaimer of opinion) The Cash Dept. of the KG Company was audited by internal Audit Service for the year 2020. The internal control system of the department as a whole was found to be in order except for a few weaknesses in certain areas.