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IIA-CIA-PART2 · Question #57

IIA-CIA-PART2 Question #57: Real Exam Question with Answer & Explanation

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Question

An organization's board would like to establish a formal risk management function and has asked the chief audit executive (CAE) to be involved in the process. According to IIA guidance, which of the following roles should the CAE not undertake?

Options

  • AManage and coordinate risk management processes.
  • BAudit risk management processes.
  • CBecome involved in risk oversight committees, monitoring activities, and status reporting.
  • DAccept management's responsibility for risk management without board approval.

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