22)According to ____________, "Internal auditing is an independent appraisal activity within an organisation for the review of operations as a service to management."

Peter F Stettler

David John

Howard F. Stettler

John Howard

23)While conducting the audit of Sohail SAOG, a soap making company, it was found that a purchase of motor car was made in the name of the company. Auditor has performed the following audit procedures. Identify which of the following procedure is incorrect?

Ascertain whether the purchase of car has been properly authenticated

Ensure that the motor car has been included in the Closing inventory of goods

Examine registration with Transport Authorities to verify the ownership

Check invoice of the car dealer to confirm the purchase price

24)Which ethical code is defined as A professional accountant should not allow bias, conflict of interest or undue influence of others to override professional or business judgments

None of the options

Professional Behavior

Confidentiality

Professional competence and due care.