Because of an Abundance of High Priority Requests from Management

question 138

Multiple Choice

Because of an abundance of high priority requests from management, an internal audit activity no longer has the resources to meet all of its commitments contained in the annual audit plan. Which of the following would be the best course of action for the chief audit executive to follow?

• A) Continue with the plan and seek opportunities to adjust priorities and reallocate resources.
• B) Present a reassessment of the plan to the board and senior management for consideration.
• C) Reassess the plan and either cancel or divert resources away from the lowest priority activities.
• D) Advise the board immediately and seek their support for additional resources to meet the needs of the plan.

---

Definitions:

Support Systems

Networks or arrangements providing psychological, emotional, or physical assistance to individuals during times of need or stress.

Psychological Wellness

It refers to the state of well-being wherein an individual realizes their own abilities, can cope with the normal stresses of life, can work productively, and is able to contribute to their community.

Dermal Layer

The thick layer of skin located beneath the epidermis, containing nerves, hair follicles, and blood vessels.

Sensory Receptors

Specialized cells or nerve endings that respond to changes in the environment by generating electrical signals.