Independence Permits Internal Auditors to Render Impartial and Unbiased Judgments

question 105

Multiple Choice

Independence permits internal auditors to render impartial and unbiased judgments.The best way for internal audit departments to achieve independence is through

• A) Individual knowledge and skills.
• B) Organizational knowledge and skills.
• C) Supervision within the organization.
• D) Organizational status and individual objectivity.

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Definitions:

Sigma Control Limits

Statistical boundaries set within a control chart to identify the acceptable range of process variations in Six Sigma methodologies.

Standard Deviation

A measure of the dispersion or variation in a set of values, indicating how spread out the values are from the average.

Sigma Control Limits

Statistical boundaries in process control that indicate the allowable range of variation for a process to remain in control, typically set at plus or minus three sigma from the process mean.

Finish Defects

Imperfections or flaws that appear on the surface of products during or after the manufacturing process, affecting the product's aesthetics or functionality.