According to IIA guidance, which of the following should be formally documented in the internal audit charter?

Question

Andrew dela Cruz · Accepted Answer

The nature of consulting services provided by the internal audit activity.

Andrew dela Cruz · Answer

The internal audit activity's responsibility for imposing risk management processes.

Andrew dela Cruz · Answer

The internal audit activity's responsibility for the organization's governance framework.

Andrew dela Cruz · Answer

The budgeting process for the internal audit activity.

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