IIA-CIA-PART2 · Question #317
Which of the following is the most appropriate approach for the internal audit activity to follow up on management action plans?
The correct answer is A. Create a tracking system for follow up. The most appropriate approach for internal audit activity to follow up on management action plans is to create a tracking system. This ensures that follow-up activities are systematically monitored and documented. Such a system can track the status of action plans, provide…
Question
Which of the following is the most appropriate approach for the internal audit activity to follow up on management action plans?
Options
- ACreate a tracking system for follow up
- BEnsure that follow-up activities are performed at least weekly.
- CDelegate follow-up activities to qualified administrative staff within the business unit
- DEnsure that follow-up activities are performed by the most senior auditor on staff
How the community answered
(48 responses)- A88% (42)
- B2% (1)
- C6% (3)
- D4% (2)
Explanation
The most appropriate approach for internal audit activity to follow up on management action plans is to create a tracking system. This ensures that follow-up activities are systematically monitored and documented. Such a system can track the status of action plans, provide reminders for due dates, and record progress updates, thus ensuring that management's corrective actions are implemented and effective. Regular monitoring and tracking are essential to verify that issues identified in audits are addressed in a timely manner.
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