Which of the following best describes a purpose for the internal audit charter?

Question

Vitalii Lutsenko · Accepted Answer

The internal audit charter authorizes access to records, personnel, and physical properties relevant to the performance of audit engagements.

Vitalii Lutsenko · Answer

The internal audit charter authorizes the internal audit activity's reporting structure and clearly defines the roles of each internal auditor.

Vitalii Lutsenko · Answer

The internal audit charter defines the roles and responsibilities of the chief audit executive, board of directors, and senior management.

Vitalii Lutsenko · Answer

The internal audit charter defines the criteria by which the internal audit activity's performance will be evaluated

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