Which of the Following Is a Key Performance Indicator for an Internal

question 218

Multiple Choice

Which of the following is a key performance indicator for an internal audit function?

• A) Audit expenditures compared to financial budgets.
• B) Percent of required continuing education hours completed.
• C) Implementation of new audit computer software.
• D) Frequency of meetings with the board members.

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Definitions:

Selected Address

Refers to a specific memory location or device identified for data storage, access, or communication.

PLC Control Process

The sequence and method by which a Programmable Logic Controller (PLC) receives inputs, processes them according to its programmed logic, and generates outputs to control machinery or processes.

Commissioning

The process of verifying and bringing newly installed equipment, systems, or facilities into operational condition.