Which of the following is a legitimate requirement for an internal audit activity's quality assurance and improvement program (QAIP)?

Question

Malik Adeel Imtiaz · Accepted Answer

The results of the QAIP should be communicated to shareholders annually

Malik Adeel Imtiaz · Answer

Quality assessments should be performed by individuals with sufficient knowledge of the internal audit practices

Malik Adeel Imtiaz · Answer

External quality assessments should be conducted every seven years

Malik Adeel Imtiaz · Answer

All quality assessments should be either conducted or validated by an independent assessment team

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