Which of the Following Is NOT Explicitly a Part of the IIA's

question 23

Multiple Choice

Which of the following is NOT explicitly a part of the IIA's definition of internal auditing?

• A)Internal auditing is an objective assurance activity.
• B)Internal auditing is a consulting activity.
• C)Internal auditing should help an organization accomplish its objectives.
• D)Internal auditors should help external auditors complete the annual financial statement audit.

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Definitions:

Moderately Difficult Goals

Objectives that are challenging yet achievable, often motivating individuals to perform better.

Periodic Feedback

Regular and systematic provision of evaluative information on performance or progress, intended to guide future improvements.

Shared Responsibility

The concept of distributing the duties and obligations among various parties to ensure collective accountability and efficiency.

Market Share

The percentage of an industry or market's total sales that is earned by a particular company over a specified time period.