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Part ADuring the year the following engagements needs to be performed by the internal audit function: 1 . A review on whether Sun - look

Part ADuring the year the following engagements needs to be performed by the internal audit function:1. A review on whether Sun-look Ltd has compiled with the procedures, laws and regulations which will affect its operations.2. A review on whether the objectives and goals of Sun-look Ltd are relevant and consistent with managements intent for the organisation.3. An assessment on whether the activities of Sun-look Ltd are performed economically, effectively, and efficiently.REQUIREDMarks2.1 Based on the information provided above, identify the different types of engagement (1-3) that you will perform during the year. (3) Part BSunglasses can only be ordered online from Sun-look Ltd. Individual buyers and certain stores order from Sun-look Ltd. An internal audit engagement is planned for the online ordering department. Thea Jacobs is assigned as the senior internal auditor. Thea approached Thabo Ndlovu regarding the audit activities that should be included in the internal audit engagement. She is unsure about the phases of the internal audit process in which the audit activities should be conducted. Thea requests Thabos assistance in allocating the audit activities below to the correct phase in the internal audit process.Audit activities:1. Inspect the policies and procedures that relate to the online ordering department to ensure that they are approved by management.2. Discuss with management of the online ordering department the preliminary findings of the audit.3. Inform the management of the online ordering department that an internal audit engagement has been scheduled in June 2024 for the audit period 1 February 2024 to 31 May 2024.4. Conduct a preliminary survey of the ordering department to gain an understanding of the control environment and business processes in place.Based on the information provided above, identify the different types of engagement (1-3) that you will perform during the year.

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