The International Professional Practices Framework Developed by the IIA Includes

question 62

Multiple Choice

The International Professional Practices Framework developed by the IIA includes all of the following types of guidance, except:

• A)International Standards for the Professional Practice of Internal Auditing.
• B)Interpretations of Standards.
• C)Code of Ethics.
• D)Implementation Guidance.

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Definitions:

Common Property Resources

Resources like land, air, and water that are not owned privately but are available for use by an entire community or society.

Single Ownership

A business model where a single individual owns all of the firm's stock and is solely responsible for its decisions.

Cross International Borders

The movement of goods, services, capital, and people across the political boundaries of different countries.

Gear Restrictions

Regulations or limits set on the range of gears that can be used in certain vehicles or machinery to ensure safety or efficiency.