-n 1 Internal audit is an important tool of management to evaluate the correctness of records on a continuous basis in an organisation. You are required to choose the correct statement from the following? ed out of n a. Internal auditors are always independent third parties O b. Internal auditors of a company are always outside employees O c. Internal auditors are generally full-time own employees, however some companies outsource it to outside parties O d. Internal auditors of a company are always full-time own employees on 2 Which of the following would assist an entity in identifying and preventing fraud? ed out of a. Accounting reconciliations b. Segregation of duties c. Authorization d. All the options -n Which of the following statements is correct, with regards to a limited assurance engagement? Question 3 Not yet answered Marked out of 1.00 P Flag question O a. The practitioner gives a negatively worded assurance opinion O b. The practitioner gathers sufficient appropriate evidence to be able to draw reasonable conclusions c. The detailed audit procedures are performed by the auditors O d. The practitioner will state whether the subject matter conforms with the identified suitable criteria, in all material respects