Question 1 By using relevant examples, explain the major causes of fraud and discuss controls that should be in place to reduce fraud. Question 2 Discuss how corporate governance affects organisational strategy. Question 3 a. Explain the meaning and significance of the statement the board has to ensure that the auditor is properly resourced. b. Explain three elements that are important for an auditor to execute their duties well. c. Explain the concept of independence as pertains to the auditor. d. List and explain five responsibilities of internal auditors in financial risk management.