IIA
IIA-CIA-PART1 · Question #43
Which of the following best demonstrates organizational independence of the internal audit activity?
The correct answer is D. The CAE reports administratively to the chief operating officer. See the full explanation below for the reasoning.
Question
Which of the following best demonstrates organizational independence of the internal audit activity?
Options
- AThe chief audit executive (CAE) reports functionally to the CEO.
- BThe CAE's compensation is approved by the chief financial officer.
- CThe CAE's appointment Is determined by the CEO
- DThe CAE reports administratively to the chief operating officer.
How the community answered
(25 responses)- A8% (2)
- B16% (4)
- C4% (1)
- D72% (18)
Community Discussion
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