Assessment 3: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=184
AUI2601-24-S1 Welcome Message Assessment 3
QUIZ
Started on Monday, 29 April 2024,
2:13 PM
State Finished
Completed on Monday, 29 April 2024,
3:11 PM
Time taken 57 mins 59 secs
1 of 21 2024/04/29, 15
,Assessment 3: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=184
Question 1
Complete
Marked out of 5.00
Fabric Designs Ltd previously outsourced
the internal audit services. The cost of
outsourced internal audit services
compelled the board of Fabric Designs to
establish its own. The previous internal
auditors compiled a summary of the
signi�cant internal audit �ndings and
presented them to the CAE to start the
planning of the audit engagements.
Classify each of the �ndings according to
the �ve components of the COSO internal
control framework.
Fabric
Designs Ltd
management
is not
prepared to
spend time
and resources Control environment.
on the
development
of the
corporate
code of
conduct.
Potential
impact of the
waste
produced
from
manufacturing
processes on
Risk assessment.
the
surrounding
environment
had not been
identi�ed and
assessed in
the past.
2 of 21 2024/04/29, 15
,Assessment 3: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=184
Fabric
Designs Ltd
started an
internship
programme
hosting
twenty (20)
graduates
across the
company for
Monitoring activities.
the past �ve
years.
However, the
programme
has not been
evaluated to
ascertain
whether it
achieves its
objectives.
Information
from top
management
does not
reach lower
level
Information and communication.
employees
which affects
the ability to
achieve
operational
objectives.
Password and
logon controls
for employees
in the �nance
department
does not
enforce
password
Control activities.
minimum
length
requirements
which
compromises
con�dential
information of
the company.
3 of 21 2024/04/29, 15
AUI2601-24-S1 Welcome Message Assessment 3
QUIZ
Started on Monday, 29 April 2024,
2:13 PM
State Finished
Completed on Monday, 29 April 2024,
3:11 PM
Time taken 57 mins 59 secs
1 of 21 2024/04/29, 15
,Assessment 3: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=184
Question 1
Complete
Marked out of 5.00
Fabric Designs Ltd previously outsourced
the internal audit services. The cost of
outsourced internal audit services
compelled the board of Fabric Designs to
establish its own. The previous internal
auditors compiled a summary of the
signi�cant internal audit �ndings and
presented them to the CAE to start the
planning of the audit engagements.
Classify each of the �ndings according to
the �ve components of the COSO internal
control framework.
Fabric
Designs Ltd
management
is not
prepared to
spend time
and resources Control environment.
on the
development
of the
corporate
code of
conduct.
Potential
impact of the
waste
produced
from
manufacturing
processes on
Risk assessment.
the
surrounding
environment
had not been
identi�ed and
assessed in
the past.
2 of 21 2024/04/29, 15
,Assessment 3: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=184
Fabric
Designs Ltd
started an
internship
programme
hosting
twenty (20)
graduates
across the
company for
Monitoring activities.
the past �ve
years.
However, the
programme
has not been
evaluated to
ascertain
whether it
achieves its
objectives.
Information
from top
management
does not
reach lower
level
Information and communication.
employees
which affects
the ability to
achieve
operational
objectives.
Password and
logon controls
for employees
in the �nance
department
does not
enforce
password
Control activities.
minimum
length
requirements
which
compromises
con�dential
information of
the company.
3 of 21 2024/04/29, 15
