Which of the Following Is Not True Regarding the Management

question 284

Multiple Choice

Which of the following is not true regarding the management of internal audit resources?

• A) A minimum level of information technology knowledge is necessary.
• B) The adequacy of internal audit resources is ultimately a board responsibility.
• C) Resources include external service providers and computer-assisted audit techniques.
• D) Skills availability must be aligned with financial constraints.

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Definitions:

SWOT Analysis

A tool for strategic planning that helps in recognizing and comprehending the strengths, weaknesses, opportunities, and threats associated with business competition or the planning of a project.

Threat

A potential cause of harm or adverse effect on someone or something, often used in the context of security, business, or environmental issues.

Training Employees

The process of enhancing the skills, knowledge, and competencies of staff within an organization to improve their job performance.

Business Relationship

A connection between two or more entities involved in commercial transactions or partnerships, characterized by mutual goals, communication, and often, contractual agreements.