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Exam (elaborations)

2025 - AUI3701 - ASSESSMENT 1 - QUESTIONS AND ANSWERS - SEMESTER 2

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Institution
Course

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Uploaded on
June 30, 2025
Number of pages
13
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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2025 – S1 – AUI3701 – ASSESSMENT 1 – Q&A


QUIZ
Assessment 1


Started on Wednesday, 12 March 2025,
State Finished
Completed on Wednesday, 12 March 2025,
Time taken
Marks 20.00/24.00
Grade 83.33 out of 100.00


Question 1
Select the correct option. One of the purposes of the International Standards for the
Professional Practice of Internal Auditing (Standards) is to...


Question duplicated

a.
Reduce the risk of business failure caused by ineffective processes and operations.
b.
Reduce the level of fraud faced by the organisation.
c.
Foster the improvement of the organisational processes and operations.
d.
Improve the organisational status of the internal auditing function.



Question 2
Select the correct answer. When it comes to the risk of fraud, internal auditors...

a.
Are fraud detection and investigation specialist in the organisaton.
b.
Must investigate all instances of fraud that the organisation is exposed to.
c.


1

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