For the highest degree of independence,the director of internal auditing should report directly to:
A)The controller.
B)The audit committee of the board of directors.
C)The executive vice-president.
D)The chief accountant.

Question

Quizplus · Accepted Answer

The director of internal auditing should report directly to the audit committee of the board of directors to ensure the highest degree of independence. Reporting to any other position within the organization may result in a conflict of interest or influence on the internal audit function. The audit committee typically consists of independent board members who can provide objective oversight and guidance to the internal audit function.

For the Highest Degree of Independence,the Director of Internal Auditing