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Question 224 - IIA-CIA-Part1 discussion

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Which of the following describes the internal audit activity's most appropriate role in an organization's risk management process?

A.
Reporting to the board on management's assessment of current risks
Answers
A.
Reporting to the board on management's assessment of current risks
B.
Establishing a risk management policy and framework for the organization
Answers
B.
Establishing a risk management policy and framework for the organization
C.
Assigning responsibility for identifying and managing significant risks
Answers
C.
Assigning responsibility for identifying and managing significant risks
D.
Developing key controls to mitigate risks across the organization
Answers
D.
Developing key controls to mitigate risks across the organization
Suggested answer: A
asked 18/09/2024
Kunle Fodeke
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