Which of the following statements is true regarding reporting results of the quality assurance and improvement program to senior management and the board?

Question

Derrick Roberson · Accepted Answer

If supported by assessment results, reporting provides assurance that internal auditors demonstrate conformance with the Code of Ethics

Derrick Roberson · Answer

Internal assessments must be reported to the board at least every five years

Derrick Roberson · Answer

Following the reporting the board must give the internal audit activity five years to correct any deviations

Derrick Roberson · Answer

A report, including the results of both internal and external assessments must be provided to the board annually

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