Which of the Following Will Best Promote the Independence of the Internal

question 5

Multiple Choice

Which of the following will best promote the independence of the internal auditing function?

• A)Direct lines of communication between the audit committee and the director of internal auditing.
• B)A quality control system within the internal auditing function designed to ensure that departmental objectives are met.
• C)Direct reporting responsibilities to the entity's chief financial officer.
• D)A review of the internal audit function by the external auditor.

---

Definitions:

Technology Improvements

Refinements or advancements in technology that result in better performance, efficiency, or effectiveness of devices, systems, or processes.

National Borders

Geographical boundaries established by countries to define their territorial limits and control over space, subject to political and legal agreements.

Intellectual Capital

The intangible value of a business, generated from the company's human knowledge, relationships, systems, and proprietary information.

Workforce

The collective group of individuals engaged in work within an organization or the labor pool in a particular area or economy.