Which of the following is true for consulting engagements'?

Question

Miguel Tuimil Galdo · Accepted Answer

Risks identified from the engagement must be considered when evaluating the organization's risk management processes

Miguel Tuimil Galdo · Answer

The internal audit activity must ensure management actions have been effectively implemented or risk accepted

Miguel Tuimil Galdo · Answer

A work program for the engagement is not required but may be developed

Miguel Tuimil Galdo · Answer

The nature of consulting services does not have to be in the internal audit charter

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