Assessment 1: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=154
AUI2601-24-S1 Welcome Message Assessment 1
QUIZ
Started on Monday, 11 March 2024, 9:46 AM
State Finished
Completed on Monday, 11 March 2024, 11:20 AM
Time taken 1 hour 34 mins
Question 1
Complete
Marked out of 1.00
State whether the following statement is true or false.
The internal auditor is concerned with the examination of operational and �nancial
activities of the entity. The internal auditor should strive for e�ciency in the
achievement of results.
Select one:
True
False
Question 2
Complete
Marked out of 1.50
Which one of the following alternatives relate to assurance services rendered by
the internal audit activity?
a. Identifying and recommending areas of improvement in an advisory
capacity.
b. Conducting control self-assessment training.
c. Reinforcement of all systems and controls by evaluating their adequacy
and application.
d. Providing training and facilitating workshops on behalf of management.
1 of 12 2024/03/11, 11
,Assessment 1: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=154
Question 3
Complete
Marked out of 1.00
State whether the following statement is true or false.
A major reason for establishing an internal audit activity is to relieve overburdened
management of the responsibility for establishing effective controls.
Select one:
True
False
Question 4
Complete
Marked out of 1.50
Which one of the following alternatives best describes the organisational role of
the internal audit function?
a. Serves as the investigative arm of the board.
b. Serves as an independent, objectives assurance and consulting activity
that adds value to operations.
c. Perform studies to assist in the attainment of more e�cient operations.
d. Assist the external auditor to reduce external audit fees.
2 of 12 2024/03/11, 11
AUI2601-24-S1 Welcome Message Assessment 1
QUIZ
Started on Monday, 11 March 2024, 9:46 AM
State Finished
Completed on Monday, 11 March 2024, 11:20 AM
Time taken 1 hour 34 mins
Question 1
Complete
Marked out of 1.00
State whether the following statement is true or false.
The internal auditor is concerned with the examination of operational and �nancial
activities of the entity. The internal auditor should strive for e�ciency in the
achievement of results.
Select one:
True
False
Question 2
Complete
Marked out of 1.50
Which one of the following alternatives relate to assurance services rendered by
the internal audit activity?
a. Identifying and recommending areas of improvement in an advisory
capacity.
b. Conducting control self-assessment training.
c. Reinforcement of all systems and controls by evaluating their adequacy
and application.
d. Providing training and facilitating workshops on behalf of management.
1 of 12 2024/03/11, 11
,Assessment 1: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=154
Question 3
Complete
Marked out of 1.00
State whether the following statement is true or false.
A major reason for establishing an internal audit activity is to relieve overburdened
management of the responsibility for establishing effective controls.
Select one:
True
False
Question 4
Complete
Marked out of 1.50
Which one of the following alternatives best describes the organisational role of
the internal audit function?
a. Serves as the investigative arm of the board.
b. Serves as an independent, objectives assurance and consulting activity
that adds value to operations.
c. Perform studies to assist in the attainment of more e�cient operations.
d. Assist the external auditor to reduce external audit fees.
2 of 12 2024/03/11, 11
