- (True or False) All internal audit activities, regardless of industry, sector, or size of audit staff even those outsourced or co-sourced should not maintain a (QAIP) Quality Assurance and Improvement Program that contains both internal and external assessments Select one: True O False (True or False) On professional conduct and practices, auditor will accept any gift or favour of a nature to imply an obligation that is consistent with the free and objective exercise of professional responsibilities. Select one: True O False (True or False) In Maintaining the integrity of private information; auditors will neither seek personal data beyond that needed to perform official responsibilities, nor reveal information to anyone not having proper professional use for such information Auditor Code of Ethics is one of the drawbacks on the relationships with clients, colleagues, other professions and the public Select one: True O False