IDENTIFICATION

1. It relates to the treatment of others with dignity and respect.

-EQUITY

2. These govern decisions under the premise that individuals should do

what is right out of goodwill and duty, with no regard for the
consequences of the decision.

-DEONTOLOGICAL APPROACHES

3. These focus on the consequences of the act in which the morality of a

decision is based on the outcome or consequences

- TELEOLOGICAL OR PRESCRIPTIVE APPROACHES

4. It is a very useful as a tool to organize the focus themes while

planning operational audits. It is simple, yet it addresses the seven
key focus areas of all successful organizations.
-7 Es MODEL
5. It is the process of evaluating the degree to which the organization,
program, or process is achieving its goals and objectives.

-EFFECTIVENESS

6. Allows management, and auditors during their review, to ascertain the

degree to which there is consistent accomplishment of goals.
-TRENDING EFFECTIVENESS MATRIX
7. Relates to the use of inputs and other resources toward the
achievement of goals and objectives in some form of productive
activity where organizations must thrive to produce goods and
services at or below cost levels.

-EFFICIENCY

8. It refers to the price paid for organizational resources

-ECONOMY

9. Another key aspect of organizational priorities is the performance of

all work with high quality.

-EXCELLENCE
 10. It impacts organizational success by acting with integrity.

-ETHICS

T/F
1. Operational audits often incorporate into their scope of work the 7 Es
that play a key role in the success or failure of organizations.

-TRUE

2. Internal auditors should think of the 7 Es only as a theoretical

construct, but rather a framework to help them search for ways to add
value to their organizations.

-FALSE

3. Excellence impacts organizational success by doing anything with

high quality.

-FALSE

4. Environmental concerns have reached high levels over the past years
and will likely continue to garner much attention in the future.
-TRUE
5. Equality relates to the treatment of others with dignity and respect. It
is often thought of in terms of fairness, reciprocity, and impartiality.

-FALSE