Which of the Following Is Not a Role of the Internal

question 34

Multiple Choice

Which of the following is not a role of the internal audit activity in facilitating risk identification and evaluation?

• A) Evaluating risk management processes.
• B) Recommending accountability for risk management.
• C) Providing assurance that risks are evaluated correctly.
• D) Supporting managers to identify ways to mitigate risks.

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Definitions:

Inspection

The act of examining something or someone closely to ensure they meet specified standards.

Special Meeting

A gathering called for a specific purpose, outside of regular or scheduled meetings, often requiring a certain protocol for notification and agenda.

Shares Entitled

The rights or benefits, such as dividends or voting, that come with the ownership of shares in a corporation.

Vote

The act of expressing a choice or preference in a decision-making process, especially in elections or organizational ballots.