An organization has recently incurred significant cost overruns on one of its construction projects.
Management suspects that these overruns were caused by the contractor improperly charging for costs related to contract change orders. Which of the following procedures are appropriate for testing this suspicion?
1. Determine if the contractor has received proper approval of change orders from management.
2. Determine if the contractor has billed for original contract work cancelled by the change orders.
3. Determine if the contractor has charged change orders with costs already billed to the original contract.
4. Determine if the contractor has been paid for change orders that have not yet been completed.

Which of the following is the primary purpose of financial statement audit engagements?

With which of the following would the internal audit activity discuss findings, conclusions and recommendations prior to issuance of internal audit report?
Business unit management.
Chief audit executive.
Audit committee.
Chief executive officer.

Which of the following would constitute a violation of the IIA Code of Ethics?

The internal audit activity performs the following sequence of risk management activities: identification, analysis, and evaluation. According to IIA guidance, which of the following assurance approaches does this describe?