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An engagement supervisor notes that an internal auditor usually documents and submits draft audit reports for review without giving the process owners the opportunity to state their position on the issues raised. How should the engagement supervisor respond?
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Question 303 - IIA-CIA-Part1 discussion

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An organization's board recommends revising the internal audit charter by adding requirements regarding the hiring and compensation of the chief audit executive as well as information on approving the internal audit budget. Which of the following is the board most likely defining in the charter?

A.
Functional and administrative responsibilities of internal audit activity.
Answers
A.
Functional and administrative responsibilities of internal audit activity.
B.
Authority and objectivity of internal audit activity.
Answers
B.
Authority and objectivity of internal audit activity.
C.
Independence and objectivity of internal audit activity.
Answers
C.
Independence and objectivity of internal audit activity.
D.
Assurance and improvement of internal audit activity.
Answers
D.
Assurance and improvement of internal audit activity.
Suggested answer: C
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asked 18/09/2024
Deshawn Sharpe
35 questions
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