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Exam IIA-CIA-Part1 topic 6 question 202 discussion

Actual exam question from IIA's IIA-CIA-Part1
Question #: 202
Topic #: 6
[All IIA-CIA-Part1 Questions]

To encourage internal audit objectivity, which of the following is an appropriate policy the chief audit executive should establish?

  • A. Internal auditors should report their audit findings directly to the audit committee.
  • B. To receive an outstanding performance rating, internal auditors are required to generate audit findings.
  • C. Prior to hiring a new internal auditor, the chief audit executive must determine whether the auditor owns stock in the organization.
  • D. Internal auditors are permitted to audit an entity managed by a close friend or relative, as long as they notify the chief audit executive.
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Suggested Answer: A 🗳️
by abdullah01 at July 6, 2024, 12:43 p.m.

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abdullah01
9 months ago
C is correct
upvoted 2 times
f30b972
7 months, 3 weeks ago
Owning stock doesn’t impair objectivity. If you are an employee of a public company part of your benefits include stock
upvoted 1 times
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