Question: Please help me with Question 5,6,7,8 and 9 Select the most appropriate alternative to complete the following sentence: A director who acts in a leadership

Please help me with Question 5,6,7,8 and 9 Select the most appropriatealternative to complete the following sentence: A director who acts in aleadership position and abuses their position to gain an advantage for themselvesPlease help me with Question 5,6,7,8 and 9

Select the most appropriate alternative to complete the following sentence: A director who acts in a leadership position and abuses their position to gain an advantage for themselves would, according to the King IV Code of Corporate Governance, be an example of a person who lacks ... 1 integrity 2 competence 3 responsibility, 4 accountability To obtain a better understanding of internal control. literature asserts that internal control consists of five main components. Select the alternative that would not be regarded as one of the main components of internal control 6. 1 setting of a control-conscious environment 2 continuous assessment of an entity's risks and dealing with the risks 3 accepting that internal control is not fool proof and that errors can occur 4 establishing an information system and business processes to produce reliable and timeous financial information Select the true statement with regard to internal auditors Internal auditors must first qualify as a CA(SA) before they can be registered with the Institute of Internal Auditors in South Africa The key objective of internal auditors is to compile annual financial statements The Chief Audit Executive operates on the same level as that of executive management The professional conduct requirements for internal auditors are set at a significant lower level than what would be applicable to external auditors 6. Distinct differences exist between internal and external auditors. Select the correct statement regarding these differences. 1 The external auditor obtains their mandate from management. The internal auditor has to be registered with the Independent Regulatory Board for Auditors (IRBA). 3 4 The internal auditor reports to management and not to the shareholders. The external auditor focuses on all the organisational operations. 7. The independent auditor, in their audit report provides the reader with a certain level of assurance Select the correct level of audit assurance intended by the independent auditor in a standard audit report stating that the annual financial statements are fairly presented 1 absolute assurance 2 reasonable assurance AUE1501/101/3/2020 8. 3 limited assurance 4 non-assurance You have bought clothes at Edgars today on credit. You checked the sales slip to ensure that your name appears on the sales slip. As an aspiring auditor, you immediately think of audif assertions, Select the most appropriate assertion that relates to the above- mentioned information 1 classification 2 cut-off 3 occurrence 4 completeness You are reviewing entries made in the repairs and maintenance general ledger account of a medium-sized grocery store. You are trying to establish that items which belong to fored assets purchased for long-term use are not included in the repairs and maintenance Bocount. Select the most appropriate assertion that relates to the above-mentioned information 1 existence 2 classification 3 presentation 4 completeness in the repairs andstadih s terecairs and maintentioned

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