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The International Standards for the Professional Practice of Internal Auditing (Standards) issued by the Institute of Internal Auditors (IIA) includes code 1100 for Independence and

The International Standards for the Professional Practice of Internal Auditing (Standards) issued by the Institute of Internal Auditors (IIA) includes code 1100 for Independence and Objectivity. Explain the code and discuss using examples of the challenges that might face an internal auditor in maintaining his/her independence and objectivity.

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