Text book: Internal Auditing: Assurance & Advisory Services, Fourth Edition
Chapter 1 - introduction to internal audit
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REVIEW QUESTIONS What are the three components of the internal audit value proposition set forth by The IIA? 1. 2. How does The IIA define internal auditing? What are the four categories of business objectives discussed in this chapter? 3. What are the definitions of governance, risk management, and control provided in this chapter? 4. What is the difference between internal assurance services and internal consulting services? 5
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