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IIA-CIA-PART2 · Question #61

When establishing a quality assurance and improvement program, the chief audit executive should ensure the program is designed to accomplish which of the following objectives? 1. Add value. 2…

The correct answer is D. 1, 2, 3, and 4. A quality assurance and improvement program (QAIP) established by the chief audit executive (CAE) should ensure that the internal audit activity (IAA) adheres to the International Standards for the Professional Practice of Internal Auditing (Standards) and the IIA Code of…

Quality Assurance and Improvement Program

Question

When establishing a quality assurance and improvement program, the chief audit executive should ensure the program is designed to accomplish which of the following objectives? 1. Add value. 2. Improve operations. 3. Provide assurance that the internal audit activity conforms with the Standards. 4. Provide assurance that the internal audit activity conforms with the IIA Code of Ethics.

Options

  • A1 only
  • B1 and 2 only
  • C1 and 3 only
  • D1, 2, 3, and 4

How the community answered

(21 responses)
  • B
    5% (1)
  • C
    5% (1)
  • D
    90% (19)

Explanation

A quality assurance and improvement program (QAIP) established by the chief audit executive (CAE) should ensure that the internal audit activity (IAA) adheres to the International Standards for the Professional Practice of Internal Auditing (Standards) and the IIA Code of Ethics. It should also aim to add value and improve the organization's operations. This comprehensive approach ensures that the internal audit function is not only compliant but also effective in enhancing the overall governance, risk management, and control processes within the organization.

Topics

#QAIP objectives#IIA Standards#Code of Ethics#chief audit executive

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