Which of the Following Scenarios Would Represent the Greatest Threat

question 193

Multiple Choice

Which of the following scenarios would represent the greatest threat to the authority of the internal audit activity (IAA) ?

• A) A change was implemented requiring the IAA to report administratively to the organization's chief legal counsel rather than the board.
• B) Responsibility for risk management processes were removed from the IAA and placed under a newly created chief risk officer.
• C) The IAA was denied access to expenditure and budget requirement reports because the reports were considered to be financial administrative matters.
• D) An internal auditor was informed by the chief financial officer that client survey results would be unfavorable unless the auditor changed a finding in the report.

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Definitions:

Birth Order

The chronological order of sibling births in a family, which is believed to influence personality and behavioral traits.

Cohorts

Groups of people banded together or treated as a group, often used to refer to a category of people who share a common demographic or statistical characteristic within a specified time frame, such as birth year.

Cross-Sectional Studies

Research methods that analyze data from a population, or a representative subset, at a specific point in time.

Midlife Transition

A period typically occurring in middle adulthood when individuals reassess their life goals, achievements, and direction, often leading to significant life changes or adjustments.