How often Definition, role and responsibilities of internal audit is asked
6 of 6
papers asked it
avg 31 marks · last May 2017
Worth 2–10 marks when it appears as a written question, plus 11 multiple-choice items.
Where it was asked
The questions
May/Jun 2013, Q1.21.5 marks · multiple choice
Select the alternative that correctly completes this statement: the position of the chief audit executive is correctly defined as the...
May/Jun 2013, Q1.51.5 marks · multiple choice
Indicate which of the following alternatives is NOT one of the four functions of management: reviewing, organising, directing, or planning.
May/Jun 2013, Q3.16 marks
You have just been appointed as the chief audit executive (CAE) of a newly established internal audit division at Data Magic (Pty) Limited, a company that specialises in software training and has expanded considerably over the past five years. The managing director who appointed you believes that creating this internal audit department, together with your appointment, will help her strengthen control within this rapidly growing business. A few weeks into the job, the internal audit department is gradually taking shape, and you are preparing to run a workshop for every department in the organisation to introduce the internal audit function and explain how it operates. Your presentation must cover the topics below. As part of your workshop presentation, describe six (6) benefits that come from having an internal audit function within Data Magic (Pty) Limited's organisation.
May/Jun 2013, Q3.27 marks
You have just been appointed as the chief audit executive (CAE) of a newly established internal audit division at Data Magic (Pty) Limited, a company that specialises in software training and has expanded considerably over the past five years. The managing director who appointed you believes that creating this internal audit department, together with your appointment, will help her strengthen control within this rapidly growing business. A few weeks into the job, the internal audit department is gradually taking shape, and you are preparing to run a workshop for every department in the organisation to introduce the internal audit function and explain how it operates. Your presentation must cover the topics below. Given that an internal auditor also acts as an adviser within the organisation, provide seven (7) examples illustrating how the internal audit function can assist management at Data Magic (Pty) Limited.
May/Jun 2013, Q3.35 marks
You have just been appointed as the chief audit executive (CAE) of a newly established internal audit division at Data Magic (Pty) Limited, a company that specialises in software training and has expanded considerably over the past five years. The managing director who appointed you believes that creating this internal audit department, together with your appointment, will help her strengthen control within this rapidly growing business. A few weeks into the job, the internal audit department is gradually taking shape, and you are preparing to run a workshop for every department in the organisation to introduce the internal audit function and explain how it operates. Your presentation must cover the topics below. Explain the aspects that need to be incorporated into the internal audit charter in order to grant the internal audit function the necessary authority.
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