Which of the following items is a misquote from the IIA's definition of internal auditing?
A) "...an independent, objective staff function..."
B) "designed to add value…"
C) "and improve an organization's operations."
D) "It helps an organization accomplish its objectives…"
E) "by bringing a systematic, disciplined approach…"

Question

Quizplus · Accepted Answer

The correct definition of internal auditing according to the Institute of Internal Auditors (IIA) describes it as an independent, objective assurance and consulting activity, not a "staff function." This emphasizes its role in providing assurance and advice rather than being a part of the staff hierarchy.

Which of the Following Items Is a Misquote from the IIA's