An internal audit activity maintains a quality assurance and improvement program that includes annual self-assessments. The internal audit activity includes in each engagement report a clause that the engagement is conducted in conformance with the International! Standards for the Professional Practice of Internal Auditing (Standards). Which of the following justifies inclusion of this clause in the reports?

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Tyler Sent · Accepted Answer

The self-assessment results were validated by a qualified external review team three years prior.

Tyler Sent · Answer

Internal audit activity policies and engagement records provide relevant, sufficient, and competent evidence that the statement is correct.

Tyler Sent · Answer

The audit committee has reviewed the annual self-assessment results and approved the use of the clause.

Tyler Sent · Answer

The internal audit charter, approved by the audit committee, requires conformance with the Standards

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