Solved

The External Auditor Has Identified a Number of Production Process

Question 368

Multiple Choice

The external auditor has identified a number of production process control deficiencies involving several departments. As a result, senior management has asked the internal audit activity to complete internal control training for all related staff. According to IIA guidance, which of the following would be the most appropriate course of action for the chief audit executive to follow?


A) Refuse to accept the consulting engagement because it would be a violation of independence.
B) Collaborate with the external auditor to ensure the most efficient use of resources.
C) Accept the engagement but hire an external training specialist to provide the necessary expertise.
D) Accept the engagement even if the audit engagement staff was previously responsible for operational areas being trained.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents