IIA-CIA-PART2 · Question #313
Which of the following internal control attributes should internal auditors consider testing during a review of the board of directors?
The correct answer is A. The presence of an independent critical mass. When reviewing the board of directors, internal auditors should consider testing the presence of an independent critical mass. This refers to the existence of a sufficient number of independent directors who can provide unbiased judgment and oversight. Independence is a…
Question
Which of the following internal control attributes should internal auditors consider testing during a review of the board of directors?
Options
- AThe presence of an independent critical mass
- BThe established philosophy and operating style of senior management
- CThe articulated internal control objectives of the organization
- DThe organization's employee recruiting and retention policies
How the community answered
(53 responses)- A81% (43)
- B2% (1)
- C6% (3)
- D11% (6)
Explanation
When reviewing the board of directors, internal auditors should consider testing the presence of an independent critical mass. This refers to the existence of a sufficient number of independent directors who can provide unbiased judgment and oversight. Independence is a cornerstone of effective governance, ensuring that decisions are made in the best interest of the organization without undue influence from management. This attribute is crucial for maintaining the integrity and objectivity of the board's decisions and actions.
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