A product manager occasionally overrides established purchasing policies in order to expedite the introduction of new products in a competitive industry. The manager's overrides are:

Which of the following statements regarding an internal auditor's responsibility for detecting fraud is not correct?

Which of the following actions would be considered a violation of the Standards?
I. Drafts of engagement communications were reviewed with the audit client to obtain input. The client's comments were considered when developing the engagement final communication.
II. An auditor participated as part of a development team to review the control procedures to be incorporated into a major computer application under development.
III. Given limited resources, the chief audit executive performed a risk analysis to determine which functions to audit.

An internal auditor is finalizing an audit report on the effectiveness of the organization's overall system of internal control. Several audit tests were performed, and the only issue identified was that the CEO frequently asks employees to make exceptions or bypass the organization's standard written policies and procedures.
Which of the following conclusions is most appropriate for the auditor to report?

Which of the following is considered to be a threat to the internal auditor's objectivity?