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AUI2601 EXAM PACK MEMOS

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AUI2601 EXAM PACK MEMOS

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  • June 28, 2021
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  • 2021/2022
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AUI2601 EXAM PACK 2016- 2021

AUI2601 JAN FEB 2021

1.D

2.C

3.A

4.B

5.D

6.C

7.A

8.D

9.C

10.C

QUESTION 2

2.1. Describe the objective of the internal audit activity by referring to the internal auditing
definition [4]

The objective of the internal audit activity is to assist the management of the

Organisation on all levels, to add value to the organisation’s activities and to improve

its operations.




2.2. The Chief Executive Officer (CEO) enquires why the Internal Audit cannot report
administratively and functionally to him. List two (2) advantages and two (2) disadvantages
as to why this reporting line is not recommended. State the recommended reporting lines as
per standards [6]

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