Which of the following is accomplished by the internal audit charter?
A) It establishes the audit committee's position within the organization.
B) It authorizes access to records, personnel and physical properties relevant to the performance of engagements.
C) It defines the scope of internal and external audit activities.
D) It states the nature of the chief audit executive's administrative reporting relationship with the board.

Question

Quizplus · Accepted Answer

The internal audit charter authorizes the internal audit function to have access to records, personnel, and physical properties necessary for conducting audits.

Which of the Following Is Accomplished by the Internal Audit