Which of the Following Should an Internal Auditor Possess in Order

question 62

Multiple Choice

Which of the following should an internal auditor possess in order to fulfill the responsibilities of the internal audit activity?

• A) Proficiency in applying management principles in order to stand in for the chief financial officer.
• B) An understanding of management principles in order to evaluate deviations from good practices.
• C) An appreciation of internal audit standards in order to recognize problems.
• D) Proficiency in accounting principles in order to conduct fraud investigations.

---

Definitions:

Family of Orientation

The family into which a person is born or adopted, shaping their early experiences and socialization.

Family of Procreation

The family unit one establishes by marrying and having or adopting children, as opposed to the family of origin into which one is born.

Lower-Middle Class

A socio-economic group situated above the working class and below the upper-middle class, often characterized by moderate income levels, job security, and some educational achievements.

Upper-Middle Class

A socio-economic class characterized by high income, significant educational attainment, and professional careers, but not part of the societal elite.