ACC 312G Exam 1 Questions and
answers | Updated 2024/25
Which is not part of the mandatory guidance for the International Professional Practices
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Framework? - Implementation Guidance
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II IIWhich is not part of the Definition of Internal Auditing? - Confidentiality
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II IIIf the first digit of a Standard is 2, what type of standard is it? - Performance
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II IIIf the first digit of a Standard is 1, what type of standard is it? - Attribute
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II IIWhat type of Standard is 2410.C1? - Performance Consulting
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Which is NOT one of the Core Principles for the Professional Practice of Internal
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Auditing? - Provides error free judgement
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An internal auditor who knowingly is a party to an illegal activity violates which rule of
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conduct? - Integrity
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An internal auditor who accepts anything that may impair his or her independence
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violates which rule of conduct? - Objectivity
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An internal auditor who does not continue to improve her or his proficiency violates which
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rule of conduct? - Competency
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An internal auditor who uses information for personal gain violates which rule of conduct?
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- Confidentiality
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An internal auditor who does not disclose all material facts violates which rule of
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conduct? - Objectivity
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What is the primary difference between objectivity and independence? - Objectivity is an
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individual attribute while independence is an organizational attribute.
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The Chief Audit Executive should report: - administratively to the Chief Executive Office
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and functionally to the Board of Directors.
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Impairment to organizational independence and individual objectivity may include all of
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the following EXCEPT: - Prohibitions on doing consulting engagements.
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