Company A has a formal comprehensive corporate code of ethics while company B does not. Which of the following statements regarding the existence of the code of ethics in company A can be logically inferred?
Company A exhibits a higher standard of ethical behavior than does company B.
Company A has established objective criteria by which an employee's actions can be evaluated.
The absence of a formal corporate code of ethics in company B would prevent a successful audit of ethical behavior in that company.

An internal auditor is planning an audit of an organization where temporary employees are suspected of receiving pay for hours they have not worked. Which of the following tasks should not be performed at this stage in the audit?

Which of the following accurately describes the concept of inherent risk?

Which of the following scenarios would represent the greatest threat to the authority of the internal audit activity (IAA)?

According to IIA guidance, which policy, established by the chief audit executive, would most likely ensure internal audits are conducted with due professional care?