AUE2601 May/Jun 2013 exam paper — questions

🔒 Scan locked

The paper, as written

Every question, by topic

  1. Question 1.1 · Code of Ethics · 1.5 marks

    According to the Institute of Internal Auditors' Code of Ethics, identify which of the following is NOT one of the specific principles that internal auditors are expected to apply and uphold.Show the full question

  2. Question 1.2 · Definition, role and responsibilities of internal audit · 1.5 marks

    Select the alternative that correctly completes this statement: the position of the chief audit executive is correctly defined as the...Show the full question

  3. Question 1.3 · The internal audit process and fieldwork · 1.5 marks

    Identify which one of the following alternatives is NOT an internal audit procedure: recalculating the depreciation of fixed assets; verifying that there are two signatures of senior officials on all cheques; recommending improvements for the internal control system; or observing the daily clocking in of employees.Show the full question

  4. Question 1.4 · The internal audit process and fieldwork · 1.5 marks

    Determine with whom the primary responsibility rests for establishing and maintaining an internal control system.Show the full question

  5. Question 1.5 · Definition, role and responsibilities of internal audit · 1.5 marks

    Indicate which of the following alternatives is NOT one of the four functions of management: reviewing, organising, directing, or planning.Show the full question

The full Spot Map and the marks by year — and this paper’s scan.