Question 19 Which of the following can be achieved by implementing strong internal controls?

options a. Reduction of staff training costs b. Reduction in risk of fraud c. Reduction in employment costs d. None of the above

Question 20 Which of the following is the role of the internal auditors? Options

a. To identify weaknesses in internal controls b. Monitor risk management systems c. Carry out audit assignments on regulatory compliance d. All of the above