Which of the following engagements would be considered an appropriate consulting service?

Question

Aung Zin · Accepted Answer

The internal audit activity facilitates biannual training of the risk management team in risk identification methodologies.

Aung Zin · Answer

The internal audit activity of a commercial bank routinely performs branch audits for compliance with regulations.

Aung Zin · Answer

The internal audit activity participates in a cosourcing arrangement with an IT audit firm to test information systems security.

Aung Zin · Answer

The internal audit activity partners with external auditors annually to complete fieldwork required as a part of the external audit exercise.

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