Auditing the financial statements of the Ministry of Manpower is an example of __________

a.

Internal Audit

b.

External Audit

c.

Value for Money Audit

d.

Public Sector Audit

What must an auditor consider when undertaking an external audit?

a.

Ethical standards issued by the professional bodies

b.

Rules and regulations governing the company

c.

All of them are to be considered

d.

Accounting standards

Mr. Mohammed is leaving his Auditing Firm to become the Finance Director of his client company. The ethical dilemma that he is most likely to face would be conflict in:

a.

Due Care

b.

Confidentiality

c.

Professional Competence

d.

Professional Behavior