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IIA-CIA-PART1 · Question #53

IIA-CIA-PART1 Question #53: Real Exam Question with Answer & Explanation

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Question

A multinational organization has asked the internal audit activity to assist in setting up the organization's risk management system. The chief audit executive (CAE) agrees to take on the engagement as a consultant. Which of the following tasks is appropriate for the CAE to undertake?

Options

  • ACoordinate and facilitate risk workshops for management to attend.
  • BEstablish the degree of risk appetite for management to accept.
  • CSet risk indicators and mitigation plans for management to implement
  • DDetermine the number of significant risks for management to report to the board.

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