AUI3703-23-S2 Welcome Message Assessment 3
QUIZ
Started on Friday, 22 September
2023, 4:43 PM
State Finished
Completed on Saturday, 23
September 2023,
10:16 AM
Time taken 17 hours 32 mins
Question 1
Complete
Marked out of 5.00
Complete the definition of Internal
Auditing by selecting the correct answer
from the list.
Internal auditing is an
independent , objective
assurance and
consulting activity
designed to add value
and improve an organisation's
operations . It helps an
organisation accomplish its
objectives by bringing
a systematic, disciplined approach to
evaluate and
improve the
effectiveness of
risk management ,
control and
governance processes .
,Question 2
Complete
Marked out of 5.00
You are an internal audit manager at File
Force Limited. The chief audit executive
(CAE) plans to present to the audit
committee the various types of internal
audit engagements.
Identify the following types of audits that
will be presented to the audit committee.
This type of
audit involves
auditing the
accomplishment
of established
goals and
objectives for
operations and
programmes. In
practical terms,
it refers to
audits that
determine Programme results audit.
whether the
desired results
are being
achieved, and
whether
management
has considered
alternatives to
achieve the
same results at
a lower cost.
This type of
audit is carried
out to determine
whether a
business entity
has complied
with specific
Compliance audit.
policies, plans,
procedures,
laws,
regulations or
contracts that
affect the
organisation.
, This type of
audit is a
systematic and
independent
examination to
determine
whether quality-
related activities
are Quality audit.
implemented
effectively and
whether they
comply with the
quality systems
and/or quality
standards.
In this type of
audit, a team of
qualified
inspectors
conducts a
comprehensive
examination of a
plant or other Environmental audit.
facility to
determine
whether it is
complying with
environmental
laws and
regulations.
This type of
audit involves
firstly
determining
management's
objectives and
then
establishing Performance audit.
whether
management
controls that
exist lead to
effectiveness,
efficiency or
economy.
QUIZ
Started on Friday, 22 September
2023, 4:43 PM
State Finished
Completed on Saturday, 23
September 2023,
10:16 AM
Time taken 17 hours 32 mins
Question 1
Complete
Marked out of 5.00
Complete the definition of Internal
Auditing by selecting the correct answer
from the list.
Internal auditing is an
independent , objective
assurance and
consulting activity
designed to add value
and improve an organisation's
operations . It helps an
organisation accomplish its
objectives by bringing
a systematic, disciplined approach to
evaluate and
improve the
effectiveness of
risk management ,
control and
governance processes .
,Question 2
Complete
Marked out of 5.00
You are an internal audit manager at File
Force Limited. The chief audit executive
(CAE) plans to present to the audit
committee the various types of internal
audit engagements.
Identify the following types of audits that
will be presented to the audit committee.
This type of
audit involves
auditing the
accomplishment
of established
goals and
objectives for
operations and
programmes. In
practical terms,
it refers to
audits that
determine Programme results audit.
whether the
desired results
are being
achieved, and
whether
management
has considered
alternatives to
achieve the
same results at
a lower cost.
This type of
audit is carried
out to determine
whether a
business entity
has complied
with specific
Compliance audit.
policies, plans,
procedures,
laws,
regulations or
contracts that
affect the
organisation.
, This type of
audit is a
systematic and
independent
examination to
determine
whether quality-
related activities
are Quality audit.
implemented
effectively and
whether they
comply with the
quality systems
and/or quality
standards.
In this type of
audit, a team of
qualified
inspectors
conducts a
comprehensive
examination of a
plant or other Environmental audit.
facility to
determine
whether it is
complying with
environmental
laws and
regulations.
This type of
audit involves
firstly
determining
management's
objectives and
then
establishing Performance audit.
whether
management
controls that
exist lead to
effectiveness,
efficiency or
economy.