Which of the following best demonstrates that an internal auditor is applying due professional care when planning an assurance engagement?

Question

Marcos Davila · Accepted Answer

Conducting the engagement on the presupposition that fraud exists.

Marcos Davila · Answer

Assessing the risk of noncompliance with laws and regulations

Marcos Davila · Answer

Following the policies as prescribed by the internal audit manual.

Marcos Davila · Answer

Advising management of the area under review on how to mitigate internal control risks.

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