According to IIA Guidance, Which of the Following Must Internal

question 24

Multiple Choice

According to IIA guidance, which of the following must internal auditors consider to conform with the requirements for due professional care during a consulting engagement? 1. The cost of the engagement, as it pertains to audit time and expenses in relation to the potential benefits. 2. The needs and expectation of clients, including the nature, timing, and communication of engagement results. 3. The application of technology-based audit and other data analysis techniques, where appropriate. 4. The relative complexity and extent of work needed to achieve the engagement's objectives.

• A) 1, 2, and 3
• B) 1, 2, and 4
• C) 1, 3, and 4
• D) 2, 3, and 4

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Definitions:

Mobile Devices

Electronic devices that are portable and support a wide range of communications, including calling, texting, and accessing the internet.

Marketing Communications

The variety of methods and channels used by companies to communicate with their market and inform them about their products or services.

Persuasion

The art of influencing or convincing others to believe or do something through reasoning or the use of emotional appeal.

Marketplace

An open space or online platform where buyers and sellers come together for the exchange of goods and services.