Which of the following characteristics is typical of the internal audit activity?

Question

Miguel Seron Blasco · Accepted Answer

Ensures the organization complies with laws and regulations in the area under review

Miguel Seron Blasco · Answer

Serves third parties that need reliable financial information from audit engagements

Miguel Seron Blasco · Answer

Responds to the needs and desires of senior management and the board, but remains independent of areas under review

Miguel Seron Blasco · Answer

Is completely independent of senior management, the board and the area under review

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