Examlex
The last quality assessment of the internal audit activity identified three areas for improvement: the achievement of audit engagement objectives, quality of work, and staff development. According to IIA guidance, which of the following should be the chief audit executive's primary focus to achieve these recommended improvements?
Suitability
The appropriateness of a specific investment or financial decision to an individual's unique situation.
Fair Debt Collection Practices Act
A US federal law established to eliminate abusive practices in the collection of consumer debts, promote fair debt collection, and provide consumers with an avenue for disputing and obtaining validation of debt information.
Mega-Mart
A very large retail store offering a wide variety of goods.
Overdue Bill
A financial statement or invoice that has not been paid by the due date.
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