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IIA Internal Audit Fundamentals IIA-CIA-Part1 Question # 117 Topic 12 Discussion

IIA Internal Audit Fundamentals IIA-CIA-Part1 Question # 117 Topic 12 Discussion

IIA-CIA-Part1 Exam Topic 12 Question 117 Discussion:
Question #: 117
Topic #: 12

According to IIA guidance, which of the following is true of the internal audit activity’s quality assurance and improvement program?

1 Monitoring the internal audit activity’s performance must be ongoing

2 All aspects of the internal audit activity should be evaluated

3 The requirement for external assessments can be satisfied through self-assessments that are validated by an independent external party

4 The review of assurance services should be the primary focus


A.

1 and 2 only


B.

2 and 3 only


C.

1, 2 and 3


D.

1 3 and 4


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