Define the term internal audit

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Reference no: EM131801076

1. Basing your answer on the “The Turner Report“ identify the five key factors, which can increase systematic risk.

2. Briefly assess the impact of using the Precautionary Principle to make specific risk management decisions with particular reference to the nanotechnology industry.

3. Define the term “Internal Audit“ and explain how the IA-function can come be flawed.

Reference no: EM131801076

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