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Question No 1

Internal auditing:

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Is an independent, objective assurance and consulting activity designed to add value andimprove an organization’s operations

Is an independent, performance measurement and consulting activity designed to add alueand improve an organization’s operations

Helps an organization accomplish objectives by bringing a systematic, disciplined pproachto evaluate but rarely improve the effectiveness of risk management, control and governance

Helps an organization accomplish objectives by bringing a targeted, disciplined approach toevaluate but rarely improve the effectiveness of risk management, control and governance

Question No 2

IIA’s code of ethics applies to __________ that provide internal auditing services:

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Question No 3

Internal auditors are expected to uphold the following principles:

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Question No 4

“Internal auditors make a balanced assessment of all the relevant circumstances and are notunduly influenced by their own interests or by others in forming judgments.” This statementbest explains one of the following principles:

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Question No 5

Internal auditors, engaging in activities that are illegal and discreditable to the profession ofinternal auditing or the organization, violate which of the following principles:

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