![](https://static.youtibao.com/asksite/comm/h5/images/m_q_title.png)
(ii) Explain the organisational factors that determine the need for internal audit in publ
(ii) Explain the organisational factors that determine the need for internal audit in public listed companies.
(5 marks)
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(ii) Explain the organisational factors that determine the need for internal audit in public listed companies.
(5 marks)
(ii) Identify and explain the principal audit procedures to be performed on the valuation of the investment
properties. (6 marks)
(ii) Explain the ethical tensions between these roles that Anne is now experiencing. (4 marks)
(ii) Explain THREE strategies that might be adopted in order to improve the future prospects of Diverse
Holdings Plc. (6 marks)
(ii) Explain why the disclosure of voluntary information in annual reports can enhance the company’s
accountability to equity investors. (4 marks)
(ii) Briefly explain the extent to which the application of sensitivity analysis might be useful in deciding
which refrigeration system to purchase and discuss the limitations inherent in its use. (3 marks)
(ii) Explain how the existing product range and the actions per Note (3) would feature in Ansoff’s
product-market matrix. (7 marks)
(ii) Explain whether or not Carver Ltd will become a close investment-holding company as a result of
acquiring either the office building or the share portfolio and state the relevance of becoming such a
company. (2 marks)
(ii) Briefly explain the implications of Parr & Co’s audit opinion for your audit opinion on the consolidated
financial statements of Cleeves Co for the year ended 30 September 2006. (3 marks)
(ii) Explain why Galileo is able to pay the inheritance tax due in instalments, state when the instalments are
due and identify any further issues relevant to Galileo relating to the payments. (3 marks)