All of the following refer to the competence of the internal audit function except:
A)the party in the entity to which the internal audit function reports.
B)the quality of internal audit documents and reports.
C)professional certification.
D)supervision and review of internal audit activities.

Question

Quizplus · Accepted Answer

The party in the entity to which the internal audit function reports is not a factor that determines the competence of the internal audit function. Instead, it is a matter of organizational structure and reporting lines. The other options - B, C, and D - all relate to factors that contribute to the competence of the internal audit function. For instance, the quality of internal audit documents and reports reflects the ability of the internal auditors to communicate effectively and clearly. Professional certification, such as that offered by the Institute of Internal Auditors (IIA), is a recognized standard of professional competence. Supervision and review of internal audit activities help to ensure that the work of internal auditors is consistent with best practices and organizational standards.

All of the Following Refer to the Competence of the Internal