chapter 2

Question 1

The IIA was formed in

Answer 1

1941

Question 2

the first IIA guidance was issued in

Answer 2

1947

Question 3

Mandatory components of the IIA framework

Answer 3

-Core Principles
-Internation Standards
- Code of Ethics
The definition of internal auditing

Question 4

recommended comment of the IIA framework:

Answer 4

-Implementation guidance
-supplemental guidance

Question 5

To enhance and protect organizational value by providing risk-based and objective assurance

Answer 5

Mission of internal audit

Question 6

-demonstrates integrity
-demonstrates competence and due professional car
- is objective and free from undue influence
-aligns with strategies

Answer 6

core principle of professional practice of internal auditing

Question 7

an independent, objective assurance and consulting activity designed to add value and improve an organizations operations

Answer 7

internal auditing

Question 8

four principles of code of ethics

Answer 8

1. Integrity
2. Objectivity
3. confidentiality
4. competency