A. Performance Standards

B. Attribute Standards

C. Implementation Standards

D. Evaluation Standards

A. Foster improved organizational processes and operations

B. Establish the basis for the evaluation of internal audit performance

C. Subvert the framework for performing and promoting broad range of value-added internal audit activities

D. Delineate basic principles that represent the practice of internal auditing as it should be

A. Integrity, objectivity, competency

B. Integrity, objectivity, confidentiality, and competency

C. Integrity, objectivity, awareness and competency

D. Integrity, objectivity, entirety

A. Mutual funds and other new issues are initially issued over the counter

B. Security prices are determined through auction bidding

C. Broker dealers must be resigned

D. Securities are traded at many locations throughout the country

A. Proficiency level

B. Objectivity

C. Competence

D. Confidentiality

A. Currency Swaps

B. Commodity Swaps

C. Interests rate Swaps

D. All of these

A. A broker

B. A dealer

C. An agent

D. A principal

A. Is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations

B. Is an independent, performance measurement and consulting activity designed to add Value and improve an organization’s operations

C. Helps an organization accomplish objectives by bringing a systematic, disciplined Approach to evaluate but rarely improve the effectiveness of risk management, control and governance

D. Helps an organization accomplish objectives by bringing a targeted, disciplined approach to evaluate but rarely improve the effectiveness of risk management,

A. Shall continually improve their proficiency and effectiveness and quality of their services

B. Shall perform internal auditing services in accordance with the standards for the professional practice of internal auditing

C. Shall engage only in those services for which they have the necessary knowledge, skills and experience

D. Shall disclose all material facts known to them that, if not disclosed, may distort the reporting of activities under review

A. Objectivity

B. Awareness

C. Integrity

D. Competence

A. Competency

B. Confidentiality

C. Objectivity

D. Integrity

A. Individuals

B. Entities

C. Individuals and entities

D. Individuals, entities and indirect authorities

A. An auditor is assigned to audit a business function that the auditor was responsible for nine months ago

B. An individual temporarily assigned to the internal audit activity because of the individuals expert knowledge in a particular business function assigned to audit an activity that the individual was responsible for just prior to transferring to the internal audit activity

C. An auditor is assigned to perform a post-implementation review on a system for which the auditor participated in the design process

D. An auditor is assigned to perform a post-implementation review on a system for which the auditor performed a procedure review and made control

A. Goldman Sachs Commodities Index (GSCI)

B. Commodities Research board

C. Acme Tool & Die

D. Both A&B

A. Fixed-floating swaps

B. Currency swaps

C. Interest rate swaps

D. None of these