AUE2601 Oct/Nov 2013 exam paper — questions

Every question, by topic

1. Question 1.1 · Reporting lines, independence and the audit committee · 1.5 marks

   During an internal audit review of the organisation's accounts payable function, an internal auditor plans to confirm balances with suppliers. What is the source of authority for such contact with parties outside the organisation?Show the full questionShow less

2. Question 1.2 · Reporting lines, independence and the audit committee · 1.5 marks

   Which of the following audit committee activities would be of the greatest benefit to the internal auditing department?Show the full questionShow less

3. Question 1.3 · Definition, role and responsibilities of internal audit · 1.5 marks

   Which one of the following statements best describes the purpose of internal auditing?Show the full questionShow less

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

   Risk management is the responsibility of management. Which one of the following may the role of the internal audit activity in the risk management process include?Show the full questionShow less

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

   Which one of the following statements best describes management's objective?Show the full questionShow less