IIA-CIA-PART2 Question #120: Real Exam Question with Answer & Explanation

The correct answer is A. The overall performance resulting from the internal audit balanced scorecard. The chief audit executive (CAE) can best illustrate the value of the internal audit activity by reporting the overall performance resulting from the internal audit balanced scorecard. The balanced scorecard includes metrics that measure the effectiveness, efficiency, and impact o

Question

The chief audit executive can illustrate the value of the internal audit activity by reporting which of the following to the board?

Options

AThe overall performance resulting from the internal audit balanced scorecard
BThe number of outstanding and overdue management actions
CThe experience of the organization's internal auditors
DThe number of audits in the annual audit plan relative to similar organizations

Explanation

The chief audit executive (CAE) can best illustrate the value of the internal audit activity by reporting the overall performance resulting from the internal audit balanced scorecard. The balanced scorecard includes metrics that measure the effectiveness, efficiency, and impact of the internal audit function, providing a comprehensive view of its contributions to the organization. This approach demonstrates how internal audit activities align with and support the organization's strategic objectives.

Community Discussion

No community discussion yet for this question.

Full IIA-CIA-PART2 Practice