Which of the following situations is most likely to threaten the independence of the internal audit activity?

Question

Vusani Nedzungani · Accepted Answer

The annual budget for the internal audit activity is approved by the chief financial officer.

Vusani Nedzungani · Answer

The chief audit executive reports functionally to the board and administratively to the CEO.

Vusani Nedzungani · Answer

The internal audit activity is completely outsourced to an external service provider.

Vusani Nedzungani · Answer

The internal audit manager provides consulting services to the procurement department, where she worked during the prior year.

List of questions