b) "Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.-IIA Global Definition of Internal Auditing Required: Evaluate the objectives of FOUR (4) governance processes and FOUR (4) risk management that an internal auditor must consider and identify the audit work that must be done. (10 marks)