Which of the following actions should the internal audit activity take during an audit engagement when examining the effectiveness of risk management processes?

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Owais Mansoor · Accepted Answer

Evaluate how the organization manages fraud risk.

Owais Mansoor · Answer

Establish procedures for improving risk management processes.

Owais Mansoor · Answer

Ensure risk responses are aligned with industry standards.

Owais Mansoor · Answer

Verify that organizational objectives are aligned with each department's objectives.

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Question 58 - IIA-CIA-Part1 discussion

Suggested answer: A

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