According to IIA guidance, which of the following statements are true regarding the internal audit plan? 1. The audit plan is based on an assessment of risks to the organization. 2. The audit plan is designed to determine the effectiveness of the organization's risk management process. 3. The audit plan is developed by senior management of the organization. 4. The audit plan is aligned with the organization's goals.

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The internal audit plan is based on a risk assessment (1), aims to evaluate the effectiveness of risk management (2), and should align with the organization's goals (4). It is typically developed by the internal audit function, not senior management (3).

According to IIA Guidance, Which of the Following Statements Are