Which of the following would be of the most assistance to a chief audit executive in prioritizing the annual audit plan?
Answer(s): A
A recently appointed chief audit executive (CAE) learns that the audit plan for the upcoming year prepared by the CAE's predecessor has only been reviewed by the audit committee. Which of the following would be the most appropriate action for the CAE to take next in order to gain management support for the audit plan?
Answer(s): B
An internal audit activity that reports both functionally and administratively to the chief financial officer is more likely to
An internal auditor would review prior audit reports when planning an audit engagement in order toI). Identify previously reported problem areas for further follow-up.II). Eliminate previously reviewed areas from further examination.III). Gain an understanding of the audited area's business processes and control activities.IV). Understand the concerns or requests of management.
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jalal ali Commented on February 25, 2025 What factors should be considered when evaluating the independence of the internal audit activity by a peer review team? Anonymous
Joseph Zormelo Commented on January 12, 2025 Q21 is A. To maximize value, an enterprise-wide risk assessment should focus on enterprise-level risks, as these pose the greatest threat or opportunity to the organization's overall success. Anonymous
koussenoudo roger Commented on January 10, 2025 très bonne plateforme Anonymous
MAX Commented on December 21, 2024 Q114 Should be D Anonymous
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