8/28/22, 7:02 PM Assessment 1: Attempt review
MENU
Dashboard / Courses / UNISA / 2022 / Semester 2 / AUI3702-22-S2 / Welcome Message / Assessment 1
Started on Sunday, 28 August 2022, 6:06 PM
State Finished
Completed on Sunday, 28 August 2022, 7:01 PM
Time taken 55 mins 16 secs
Grade 78.00 out of 84.00 (93%)
Question 1
Correct
Mark 1.50 out of 1.50
According to the Internal Auditing Standards, the purpose of an internal auditor’s review for effectiveness of the system of internal control is
to ascertain whether …
a. the system is functioning as intended.
b. the system is functioning efficiently and economically.
c. financial and operating data are reliable.
d. the organisation’s goals and objectives have been achieved.
Question 2
Correct
Mark 1.50 out of 1.50
When would the internal auditor be in violation of the Code of Ethics of the Institute of Internal Auditors?
a. The internal auditor presents an accounting seminar, for a fee, at UNISA during office hours.
b. The internal auditor prepares the personal financial statements and tax return, for a fee, of one of the company’s divisional
managers.
c. The internal auditor writes a financial accounting study guide intended for publication and distribution to university students.
d. The internal auditor prepares the financial statements of the local golf club, for free, as a public service.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=5115343&cmid=258852 1/22
MENU
Dashboard / Courses / UNISA / 2022 / Semester 2 / AUI3702-22-S2 / Welcome Message / Assessment 1
Started on Sunday, 28 August 2022, 6:06 PM
State Finished
Completed on Sunday, 28 August 2022, 7:01 PM
Time taken 55 mins 16 secs
Grade 78.00 out of 84.00 (93%)
Question 1
Correct
Mark 1.50 out of 1.50
According to the Internal Auditing Standards, the purpose of an internal auditor’s review for effectiveness of the system of internal control is
to ascertain whether …
a. the system is functioning as intended.
b. the system is functioning efficiently and economically.
c. financial and operating data are reliable.
d. the organisation’s goals and objectives have been achieved.
Question 2
Correct
Mark 1.50 out of 1.50
When would the internal auditor be in violation of the Code of Ethics of the Institute of Internal Auditors?
a. The internal auditor presents an accounting seminar, for a fee, at UNISA during office hours.
b. The internal auditor prepares the personal financial statements and tax return, for a fee, of one of the company’s divisional
managers.
c. The internal auditor writes a financial accounting study guide intended for publication and distribution to university students.
d. The internal auditor prepares the financial statements of the local golf club, for free, as a public service.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=5115343&cmid=258852 1/22
