According to IIA Guidance, Which of the Following Strategies Would

question 34

Multiple Choice

According to IIA guidance, which of the following strategies would add the least value to the achievement of the internal audit activity's (IAA's) objectives?

• A) Align organizational activities to internal audit activities and measure according to the approved IAA performance measures.
• B) Establish a periodic review of monitoring and reporting processes to help ensure relevant IAA reporting.
• C) Use the results of IAA engagement and advisory reporting to guide current and future internal audit activities.
• D) Establish a format and frequency for IAA reporting that is appropriate and aligns with the organization's governance structure.

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Definitions:

Operational Definition

A description of a concept or variable in terms of the specific process or set of validation tests used to determine its presence and quantity.

Hypothesis

A proposed explanation for a phenomenon, intended to be tested through research.

Misery Loves Company

A popular adage implying that people who are unhappy may get some consolation from knowing that others are unhappy too.

Prediction

The act of forecasting what will happen in the future based on past and current data or evidence.