Which of the following is a key performance indicator for an internal audit function?
A) Audit expenditures compared to financial budgets.
B) Percent of required continuing education hours completed.
C) Implementation of new audit computer software.
D) Frequency of meetings with the board members.

Question

Quizplus · Accepted Answer

The percent of required continuing education hours completed is a key performance indicator as it reflects the internal audit function's commitment to maintaining professional competence and staying updated with industry standards.

Which of the Following Is a Key Performance Indicator for an Internal