1. With relevant examples show how to write: (a) Audit finding (b) Cause (c ) Implication (d ) Audit recommendations (e ) Management response (f) Auditor opinion
2. (a) The audit of procurement procedures involves both compliance audit and performance audit in most cases. In terms of performance, the auditor needs to assess whether the procedure and the decisions taken meet the "three E" criteria economy, efficiency and effectiveness. Precisely, what does it mean by economy, efficiency and effectiveness? (b). What is Vouching?, Identify and justify any ten documents of interest by the procurement and supplies auditor
3. (a) In auditing the procurement system, there are Stages in carrying out the audit. Elaborate these stages. (b) Critically discuss the factors influencing Effectiveness of Public Procurement Audits. (c ) Critically discuss the factors influencing Effectiveness of Public Procurement Audits.
4. (a) What is procurement risk-based auditing? (b) Where can risk(s) arise in public procurement process?
5. (a) What is professional ethics? Why is independence necessary for auditors? Discuss (b) Why detection and prevention of errors and frauds is not the primary objective of the audit? (c ) Which stage of the procurement process is more prone to corruption and why?