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Question 749 - IIA-CIA-Part1 discussion

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Which of the following actions does a competency assessment tool help the chief audit executive perform?

A.

Record that the internal audit activity's completion of audit assignments has been met.

Answers
A.

Record that the internal audit activity's completion of audit assignments has been met.

B.

Hire qualified and skilled internal auditors for the organization's internal audit activity.

Answers
B.

Hire qualified and skilled internal auditors for the organization's internal audit activity.

C.

Postpone audits where the internal team does not have the necessary skills or knowledge.

Answers
C.

Postpone audits where the internal team does not have the necessary skills or knowledge.

D.

Assess the knowledge and skills of the internal audit activity to identify any gaps.

Answers
D.

Assess the knowledge and skills of the internal audit activity to identify any gaps.

Suggested answer: D

Explanation:

Competency assessment tools are designed to evaluate the internal audit team's skills and identify areas needing improvement. IIA standards recommend regular assessments to ensure the audit team is sufficiently skilled to perform effective audits.

asked 03/11/2024
Vadym Popov
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