Which of the following would be a legitimate action for the internal auditor to take when monitoring audit engagement results? 1. Disregard a certain risk because management and the board accepted the risk in the past. 2. Abdicate the responsibility for a particular risk because it is not part of the audit plan. 3. Obtain agreement from senior management that unresolved audit issues will be reported to the board. Request corrective action from management in writing.
A) 1 and 3 only
B) 2 and 3 only
C) 3 and 4 only
D) 1, 2, and 4 only
Correct Answer:
Verified
Q255: Due to the expanded role of internal
Q256: In response to an audit finding, senior
Q257: According to the International Professional Practices Framework,
Q258: Which of the following tasks is typically
Q259: Which of the following is a preventive
Q261: Which of the following statements is true?
A)
Q262: Which of the following statements regarding the
Q263: During an engagement the internal auditors reported
Q264: An organization has acquired a new line
Q265: According to the Standards, which of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents