A.The head of the audit must report to a high level within the organisation.

B.The internal audit activity must be free from interference.

C.Action plans should be negotiated with management in order to address any identified problems.

D.Any problems identified during the audit should be reported.

E.The head of the internal audit must communicate and interact directly with the board of directors.

A.Offer guiding values and principles to underpin decision-making

B.Have a strong rules-based culture

C.Give them a rule book

D.Threaten them with disciplinary procedures

A.Professional behavior

B.Integrity

C.Objectivity

D.Courtesy

A.A false representation of the facts.

B.There was at least one witness when the misrepresentation occurred.

C.More than two parties were involved.

D.Made by one party to the other before any contract is made.

E.An inducement to mislead one party into entering the contract.

F.Distortion of facts.

A.It establishes the fundamental principles of professional ethics for professional accountants

B.It is a financial requirement of accountants

C.It is based on values rather than compliance

D.It covers every possible dilemma that an accountant might face