Audit of Bank Muscat is an example of __________

a. Internal Audit

b. External Audit

c. Statutory audit

d. Public sector Audit

Question 24 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text The final stage of overall audit process is:

a. Setting up closing meeting

b. Preparing Audit Plan

c. Drafting Audit Report

d. Conducting onsite fieldwork

Question 25 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Which of the following is the on-going evaluation of the implementation and operation of the five various components of internal audit?

a. Monitoring Activities

b. Control Activities

c. Control Environment

d. Risk Assessment

Question 26 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text The evaluation phase of the audit is called as

a. Follow up

b. Action plan

c. Fieldwork

d. Reporting

Question 27 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Which stage of overall audit procedure is conducted mainly by speaking to staff members, reviewing procedures and internal control system?

a. Setting Up a Closing Meeting

b. Preparing an Audit Plan

c. Scheduling an Open Meeting

d. Conducting Onsite Fieldwork