According to the Standards, a review team must express an opinion on which of the following when performing an external assessment of an internal audit activity? 1. Conformance with the Standards and IIA Code of Ethics. 2. Effectiveness of continuous improvement activities. 3. Feedback from internal audit customers and other stakeholder groups. 4. Efficiency and effectiveness of the internal audit activity's administration processes.
A) 1 only
B) 3 only
C) 1 and 2 only
D) 2 and 4 only

Question

Quizplus · Accepted Answer

The review team must express an opinion on the internal audit activity's conformance with the Standards and the IIA Code of Ethics during an external assessment.

According to the Standards, a Review Team Must Express an Opinion