Which of the Following Is Not True with Regard to the Internal

question 69

Multiple Choice

Which of the following is not true with regard to the internal audit charter?

• A) It defines the authorities and responsibilities of the internal audit activity.
• B) It specifies the minimum resources needed for the internal audit activity.
• C) It provides a basis for evaluating the internal audit activity.
• D) It should be approved by senior management and the board.

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Definitions:

Mental Set

A framework for thinking about a problem based on previous experiences or methods, which can sometimes limit problem-solving abilities.

Intelligence Testing

the measurement of a person's intellectual abilities and potential, usually through a series of tasks and assessments that cover various cognitive skills.

Binet

Alfred Binet, a French psychologist best known for developing the first intelligence test.

Thurstone

Refers to Louis Leon Thurstone, an influential American psychologist known for his contributions to psychometrics and the theory of intelligence.