a) Serve as an independent assurance and consulting activity designed to add value and improve the company's
operations.
Which of the following components of the IPPF are mandatory?
a) Implementation Guides
b) The Code of Ethics
c) Core Principles
d) The Standards
e) Practice Guides
b, c, d
Which of the following is a Core Principles for the Professional Practice of Internal Auditing?
a) Is appropriately positioned and adequately resourced.
b) Maintains confidentiality.
c) Promote an ethical culture in the internal auditing profession.
d) Develops consistency in internal auditing practices.
a) Is appropriately positioned and adequately resourced.
The IIA's Code of Ethics is composed of 4 Principles and 12:
a) Rules
b) Attributes
c) Guidelines
d) Standards
a) Rules
The purpose of the Code of Ethics is to
a) Develop consistency in internal auditing practices.
b) Establish a basis for the evaluation of the internal audit function.
c) Provide a codification of best practices.
d) Promote an ethical culture in the internal auditing profession.
d) Promote an ethical culture in the internal auditing profession.
To determine to whom the CAE needs to send the final results of an audit engagement, one would consult:
a) The Performance Standards: Assurance Services Implementation Standards.
b) The Attribute Standards: Consulting Services Implementation Standards.
c) The Performance Standards: Consulting Services Implementation Standards.
d) The Attribute Standards: Assurance Services Implementation Standards.
a) The Performance Standards: Assurance Services Implementation Standards.
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