IIA-CIA-PART2 · Question #228
To compete in the global market, an organization is restructuring and consolidating many of its divisions. Prior to the consolidation, senior management requested assistance from tie internal audit…
The correct answer is C. Advise division managers on how to streamline operations for better efficiency. In the context of restructuring and consolidating divisions, providing consulting services that focus on operational efficiency is highly valuable. Internal auditors can leverage their understanding of the organization's processes and controls to advise division managers on…
Question
To compete in the global market, an organization is restructuring and consolidating many of its divisions. Prior to the consolidation, senior management requested assistance from tie internal audit activity. Which of the following consulting services would be most appropriate in this situation?
Options
- AAssess controls for potential compliance issues that may affect me consolidation
- BBrief vendors on the potential risks that will occur without continued business
- CAdvise division managers on how to streamline operations for better efficiency
- DDetermine whether the organization's controls are effective in meeting business objectives
How the community answered
(50 responses)- A10% (5)
- B6% (3)
- C82% (41)
- D2% (1)
Explanation
In the context of restructuring and consolidating divisions, providing consulting services that focus on operational efficiency is highly valuable. Internal auditors can leverage their understanding of the organization's processes and controls to advise division managers on streamlining operations. This includes identifying redundant processes, recommending best practices, and suggesting ways to optimize resource use. Such guidance helps the organization achieve a smoother transition and enhances overall efficiency, supporting the strategic objectives of the restructuring effort.
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