An internal auditor's report should contain five elements for each finding.Which of the following are the correct elements?
A)Condition,criteria,cause,effect,recommendation.
B)Condition,relevance,cause,effect,recommendation.
C)Condition,evidence,cause,effect,recommendation.
D)Condition,relevance,evidence,effect,recommendation.

Question

Quizplus · Accepted Answer

The elements of an internal auditor's report should be as follows:
- Condition: A statement of what is wrong, missing, or not working properly.
- Criteria: The standard or expectation against which the condition is being evaluated.
- Cause: The reason why the condition exists.
- Effect: The risk or impact of the condition on the organization.
- Recommendation: A suggested action to fix the condition or mitigate the risk.

Option A includes all the correct elements. Option B is incorrect because "relevance" is not an essential element. Option C is incorrect as there is no need to mention the "evidence" used to identify the condition. Option D is incorrect as "relevance" and "evidence" are not necessary elements.

An Internal Auditor's Report Should Contain Five Elements for Each