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IIA-CIA-PART1 · Question #22

IIA-CIA-PART1 Question #22: Real Exam Question with Answer & Explanation

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Question

In addition to her internal audit activity responsibilities, the chief audit executive has been asked to oversee the organization's insurance function. Which of the following responses is most appropriate?

Options

  • AWelcome the additional responsibility, as it represents an opportunity to gain more information
  • BRevise the internal audit charter to include oversight of the insurance function, ensuring that all of
  • CReport the request to the board and recommend alternate processes to obtain assurance related
  • DPromptly remove the organization's insurance function from the audit universe.

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