Question: Internal auding is an objective assurance and consulting activity designed to add value and inprove an organization's operations. In 1 9 7 7 , passage

Internal auding is an objective assurance and consulting activity designed to add value and inprove an organization's operations.
In 1977, passage of the Increased the demand for internal auditing
3. The international organization of internal audiors is called the
4. An eperationat auff focuses on the efficiency, eflectiveness, and of operations.
5. The operational auditors' summarkes the auditors' preliminary conclusions about the cittical aspects of the audit.
6. An livelves a meeting of the eperational audtors and the persons directy concersed with the operations auditod to diacuss the awd findings.
7. When auding financial statements in accondance with generaly accepted auding standards, the audtors must test compliance with all laws and regulations that have a statements and material effect on line lem amounts in the financial
8. In an audin accordance with Gevemment Aulling Standards, the axdiers report on and an the arganization's internal canted
9 A. fint in stcuratince with the q, Inandal asshance are appropriali-y spent are spectically designed to help ensure that the billions of callars in foderal
10. In an axdit in accerdance with the Stingle Audia Ad, violations of laws and regulations that are sutimated to have a malorial effect on an organization's financial statements are referred to as q,
Internal auding is an objective assurance and

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