An internal auditor is performing a review of an organizations vendor for any possible conflicts of interest. Which of the following would provide the greatest assistance to the auditor in meeting this objective?

a. Vendor Contracts

b. Employee master list

c. Payment Records

d. Purchasing policy

An internal audit team was conducting an assurance engagement to review segregation of duties in the purchasing function. The internal auditors reviewed a sample of purchase orders from the past two years and discovered that 2 percent were signed by employees who were operating in a designated acting capacity due to employee absences. According to IIA guidance, which of the following attributes of information would most likely assist the auditors in deciding whether to report this finding?

a. Sufficiency

b. Reliability

c. Relevance

d. Usefulness