In response to an audit finding, senior management informed the auditor that the issue would be investigated and resolved when time permitted. According to the International Professional Practices Framework, this action was not acceptable because:
A) The appropriate level of management was not involved in the review and resolution of the issue.
B) Responses should include sufficient information to evaluate the adequacy and timeliness of corrective action.
C) The board had not reviewed management's responses to the engagement observations and recommendations.
D) Other departments should have been contacted to determine if they shared responsibility for corrective action.
Correct Answer:
Verified
Q251: Which of the following should be included
Q252: According to the International Professional Practices Framework,
Q253: Controls are implemented to:
A) Eliminate risk and
Q254: The chief audit executive (CAE) notes that
Q255: Due to the expanded role of internal
Q257: According to the International Professional Practices Framework,
Q258: Which of the following tasks is typically
Q259: Which of the following is a preventive
Q260: Which of the following would be a
Q261: Which of the following statements is true?
A)
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