An Organization Receives the Most Value from an Internal Audit

question 112

Multiple Choice

An organization receives the most value from an internal audit activity's enterprise-wide risk assessment when the auditor:

• A) Focuses primarily on enterprise-level risks.
• B) Considers activities at all levels of the organization.
• C) Reviews special projects and new initiatives.
• D) Validates supporting financial and operational data.

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Definitions:

Conciseness

The quality of expressing something in a clear and succinct manner, without unnecessary words or details.

Clarity

The quality of being clear, understandable, and free from ambiguity in communication or expression.

Efficient Writing

The practice of conveying information in a clear, concise, and time-saving manner without sacrificing content quality.

Reputation

The collective opinions, perceptions, and beliefs about an entity’s character, values, and quality, formed over time through experience and social interaction.