IIA Qualified Info Systems Auditor CIA Challenge Exam IIA-CHAL-QISA Question # 9 Topic 1 Discussion
IIA-CHAL-QISA Exam Topic 1 Question 9 Discussion:
Question #: 9
Topic #: 1
An internal auditor believes that the internal audit activity's independence is impaired Which of the following actions should the internal auditor take first?
A.
Report the impairment to senior management
B.
Discuss the impairment with the audit manager.
C.
Ascertain the best approach to disclose the impairment.
The board manages several key processes to ensure adequate governance within an organization, one of which is the development, approval, and execution of the strategic plan. This process is critical because it defines the organization's direction, goals, and the actions required to achieve these goals.
Strategic Planning: The board plays a pivotal role in setting the organization's strategic direction, which includes establishing long-term goals and defining the means to achieve them.
Performance Measurement: While the board may establish and measure performance objectives for the internal audit activity, this is part of a broader governance framework.
Risk Management: The board also develops strategies to mitigate risks, ensuring that the organization can achieve its objectives effectively.
Thus, the most comprehensive governance-related process managed by the board involves strategic planning
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit