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1)The organization that issues standards for the practice of internal auditing is the: A) American Accounting Association. B) American Institute of Certified Public Accountants. C)

1)The organization that issues standards for the practice of internal auditing is the:

A) American Accounting Association.

B) American Institute of Certified Public Accountants.

C) American Organization of Internal Auditing.

2)An operational audit is most likely to address an organization's:

A) Effectiveness, efficiency and economy of operations.

B) Financial reporting requirements.

C) Laws and regulations.

D) Management's objectives.

D) Institute of Internal Auditors.

3)In planning an operational audit, an on-site (Preliminary) survey could assist with all of the following, except:

A) Obtaining auditee comments and suggestions on control problems.

B) Obtaining preliminary information on internal control.

C) Identifying areas for audit emphasis.

D) Evaluating the effectiveness of the internal control

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