In an organization where enterprise risk management practices are mature, which of the following is a core internal audit role?
A) Giving assurance that risks are evaluated correctly.
B) Developing the risk management strategy for the board's approval.
C) Facilitating the identification and evaluation of risks.
D) Coaching management in responding to risk.

Question

Quizplus · Accepted Answer

Internal audit's core role in a mature risk management environment is to provide assurance that risks are evaluated correctly, ensuring that risk management processes are effective.

In an Organization Where Enterprise Risk Management Practices Are Mature