Independence of the Internal Audit Function Is Obtained by Giving

question 109

True/False

Independence of the internal audit function is obtained by giving the Chief Audit Executive (CAE) unrestricted access to the board and senior management.

---

Definitions:

Reality Principle

A psychoanalytic concept describing the capacity to postpone gratification and operate according to the conditions of the external world.

Ego

In psychoanalysis, refers to the component of the personality that is responsible for dealing with reality, balancing the demands of the id and superego.

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, worry, and fear.

Talkativeness

The tendency to engage in excessive talking, often characterized by the frequent and prolonged expression of thoughts, feelings, or information.