According to IIA Guidance, Which of the Following Activities Is

question 362

Multiple Choice

According to IIA guidance, which of the following activities is most likely to enhance stakeholders' perception of the value the internal audit activity (IAA) adds to the organization?
1. The IAA uses computer-assisted audit techniques and IT applications.
2. The IAA uses a consistent risk-based approach in both its planning and engagement execution.
3. The IAA demonstrates the ability to build strong and constructive relationships with audit clients.
4. The IAA frequently is involved in various project teams and task forces in an advisory capacity.

• A) 1 and 2
• B) 1 and 3
• C) 2 and 4
• D) 3 and 4

Recognize the significance of leadership development programs and their impact on company culture.

Understand the role of managers in identifying employee potential and fostering a shared company culture.

Appreciate the importance of coaching in employee development.

Recognize the impact of emotional intelligence and empathy in leadership.

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Definitions:

Fair Die

A die that has an equal probability of landing on any of its faces when thrown.

Probability

A mathematical measure of the likelihood of an event occurring, often expressed as a number between 0 and 1.

Insomnia

A sleep disorder characterized by difficulty falling and/or staying asleep.

Probability

The quantification of how probable it is for an event to happen, shown as a number ranging from 0 to 1, with 0 meaning it cannot happen and 1 meaning it will definitely happen.