LO 2-1 LO 2-2 LO 2-2 2-15 Which of the following is not a part of the role of internal auditors? a. Assisting the external auditors. b. Providing reports on the reliability of financial statements to investors and creditors. c. Consulting activities. d. Operational audits. 2-16 Operational auditing is oriented primarily toward a. Efficiency and future improvements to accomplish the goals of management. b. The accuracy of data reflected in management's financial records. c. Verification that an entity's financial statements are fairly presented. d. Past protection provided by existing internal control. 2-17 Which of the following would be considered a nonattest assurance service engagement? 1. Expressing an opinion about the reliability of an entity's financial statements. II. Reporting that a company's sustainability metrics are complete and accurate. a. I only. c. Both I and II. b. Il only d. Neither I nor II. 2-18 Which of the following best places the events of the last decade in proper sequence? a. Sarbanes-Oxley Act, increased consulting services to auditees. Enron and other scandals, prohibition of most consulting work for auditees, establishment of . b. Increased consulting services to auditees, Sarbanes-Oxley Act, Enron and other scandals, prohibition of most consulting work for auditees, establishment of PCAOB . c. Enron and other scandals, Sarbanes-Oxley Act, increased consulting services to auditees, prohibition of most consulting work for auditees, establishment of PCAOB. d. Increased consulting services to auditees. Enron and other scandals. Sarbanes- Oxley Act. prohibition of most consulting work for auditees, establishment of PCAOB . LO 2-4