IIA-CIA-PART2 · Question #361
Which of the following would be most likely found in an internal audit procedures manual?
The correct answer is D. The extent of the auditor's authority to collect data from management. An internal audit procedures manual typically includes detailed information on the methodologies, tools, and techniques used during audits. It also outlines the protocols and guidelines for auditors to follow, including their authority and the scope of their work. Clearly…
Question
Which of the following would be most likely found in an internal audit procedures manual?
Options
- AA summary of the strategic plan of the area under review.
- BAppropriate response options for when findings are disputed by management.
- CAn explanation of the resources needed for each engagement.
- DThe extent of the auditor's authority to collect data from management.
How the community answered
(30 responses)- B3% (1)
- C7% (2)
- D90% (27)
Explanation
An internal audit procedures manual typically includes detailed information on the methodologies, tools, and techniques used during audits. It also outlines the protocols and guidelines for auditors to follow, including their authority and the scope of their work. Clearly defining the extent of the auditor's authority to collect data from management ensures that auditors understand their rights and limitations, which is essential for carrying out effective and efficient audits.
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