Question 14:

Which Standards expand upon the other Standards? Implementation Standards.

This answer is correct. According to the Introduction to the International Standards for the Professional Practice of Internal Auditing , Implementation Standards are provided to expand upon the Attribute and Performance Standards. They provide requirements applicable to assurance or consulting activities. Attribute Standards.

Performance Standards.

All of the Standards listed in the other answer choices.

Question 18:

Internal auditors must exercise due professional care in conducting a consulting engagement by considering I. Expectations of clients II. Benefits in the form of compensation to be derived from the engagement III. Cost of the engagement I, II, and III.

This answer is incorrect. The benefits in the form of compensation to be derived from the engagement are not relevant to internal auditors. I and II only. This answer is incorrect. The cost of the engagement must be considered.

I and III only. I and III only.

This answer is correct. The internal auditor must exercise due professional care during a consulting engagement by considering the (1) needs and expectations of clients, including the nature, timing, and communication of engagement results; (2) relative complexity and extent of work needed to achieve the engagements objectives; and (3) cost of the consulting engagement in relation to potential benefits (Standard 1220.C1). Any benefit related to compensation for the engagement is not one of the considerations for an internal auditor who is exercising due professional care.

II and III only. This answer is incorrect. The expectations of clients must be considered.