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IIA Essentials of Internal Auditing IIA-CIA-Part1 Question # 11 Topic 2 Discussion

IIA Essentials of Internal Auditing IIA-CIA-Part1 Question # 11 Topic 2 Discussion

IIA-CIA-Part1 Exam Topic 2 Question 11 Discussion:
Question #: 11
Topic #: 2

Which of the following statements is true regarding the internal audit activity's quality assurance and improvement program (QAIP)?


A.

Internal assessments must be performed by the chief audit executive.


B.

An internal assessment must be performed at least once every five years.


C.

It Is permissible to share the results of the QAIP with the organization's external auditors.


D.

Results of ongoing monitoring must be validated annually by an independent external assessor.


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