INTERNAL AUDING

MULTIPLE CHOICE QUESTIONS

YOU CAN FIND ANSWERS ON GOOGLE OR COURSE HERO

Question 13

Indicate the most appropriate alternative to complete the following sentence: A charter for an internal audit department should

A. establish the performance standards for the internal auditors.

B. limit the audit activities to work that enhances the organisations profitability.

C. ensure that the department reports to the highest level of authority in the organisation.

D. define the departments purpose, authority, and responsibility

Question 14

Internal auditors who fail to maintain their proficiency through continuing education could be found to be in violation of ...

A. the International Standards for the Professional Practice of Internal Auditing.

B. both the the International Standards for the Professional Practice of Internal Auditing and the IIA's Code of Ethics.

C. the IIA's Code of Ethics.

D. None of the options are correct.