29The Standards (re: Guidance on Control ) says that control cannot provide absolute assurance, in part because there are inherent limitations in control. What do these inherent limitations induda.lmproper design of controls such that they do not achieve theirb.The of of controls through collusionc.The need for controls to be cost-effectived The inability to have adequate segregation of in small businesses

Question 9 Which of the following statements about the IA and COSO assessment principles is true? O a The assessment must be carried out by internal auditors working with other members of the organization's management. O b. The assessment may be conducted from the perspective of the overall organization or from that of any particular sub-unit. O c The assessment is the responsibility of the board of directors. O d. The assessment should be based on the COSO control framework. gestion 14 In the definition of internal auditing, which of the following statements about assurance activities is true? O a They are characterized by two-party reporting. O b. They include reporting on management's fulfillment of its governance responsibilities. O c. They consist mainly of providing advice to management. O d. They refer only to the activities of the external auditor reporting on the annual financial statements. stion 17 Attribute sampling does not involve the audit of the sample items selected and counting the number of deviations from the prescribed control. O True O False tion 19 1 points - Mentify a specific internal co ations and define the population "dsampling um tion 27 1 points The MA Rules of Conduct are necessary and appropriate to the profession of internal auditing, founded as it is on the trust placed in its objective insurance about governance, rik managemy and control True