According to IIA Guidance, Which of the Following Statements Is

question 223

Multiple Choice

According to IIA guidance, which of the following statements is correct concerning the knowledge, skills, and competencies required to fulfill the responsibilities of the internal audit activity (IAA) ?

• A) The IAA must collectively possess the knowledge, skills, and competencies needed to perform all engagements.
• B) Each internal auditor in the IAA must possess the competencies required to detect and investigate fraudulent transactions.
• C) The IAA must not decline any engagement based solely on a lack the necessary knowledge, skills, and competencies to perform it.
• D) The competencies of external service providers must be assessed by the chief audit executive before the IAA can use external service providers' work.

Implement security measures for computers and networks, including physical security and data protection.

Apply troubleshooting methodology to identify, diagnose, and resolve technical problems.

Understand and apply permissions and shares for file and folder management in Windows.

Recognize and mitigate risks associated with wireless networking.

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Definitions:

Conventional Morality

A stage in moral development characterized by adherence to rules and standards of one's group or society.

Cultural Differences

Variations in the norms, values, beliefs, and practices among different groups, societies, or communities.

Lawrence Kohlberg

An esteemed psychologist from the US, widely acclaimed for his foundational theory on the different stages of moral growth.

Western Values

A term often used to describe the set of cultural, ethical, and philosophical principles that are commonly held or valued in Western societies, including democracy, individual rights, and freedom of expression.