The function of internal audit is determined by: a. the external auditor; b. the IIA; c. those charged with governance and management; d. the government.
Understand the Problem
The question is asking to identify which entity determines the function of internal audit from the provided options.
Answer
those charged with governance and management
The function of internal audit is determined by those charged with governance and management.
Answer for screen readers
The function of internal audit is determined by those charged with governance and management.
More Information
The role of the internal audit is typically established by the organization's leadership, ensuring alignment with the overall strategic goals and risk management.
Tips
A common mistake is to think that external auditors or government set the internal audit function, but it's the organization itself.
Sources
AI-generated content may contain errors. Please verify critical information
Thank you for voting!
