Which of the following elements should an auditor recommend for inclusion in an organization's code of ethics?
I. Ethics should vary with local customs in the organization's foreign operations.
II. Whistle-blowing should be discouraged because it can cause distrust among employees and false accusations which waste organizational resources on investigations.
III. Ethical behavior should not be incorporated into performance evaluations because it is too subjective and controversial.
In publicly held companies, management often requires the internal audit activity's involvement with quarterly financial statements that are made public and used internally. Which of the following is generally not a reason for such involvement?
Which type of documentary evidence gathered by an organization's internal auditors has the highest level of reliability?
Which of the following is true of a horizontal flowchart as compared to a vertical flowchart?
Which of the following strategies would be the most effective to share an organization's risk of losses through foreign currency transactions related to the accounts payable process?
