Your Organization Has Selected You to Develop an Internal Audit

question 93

Multiple Choice

Your organization has selected you to develop an internal audit activity.Your approach will most likely be to hire

• A) Internal auditors each of whom possess the skills required to handle all engagements.
• B) Inexperienced personnel and train them the way the organization wants them trained.
• C) Degreed accountants because most internal audit work is accounting related.
• D) Internal auditors who collectively have the knowledge and skills needed to perform the responsibilities of the internal audit activities.

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Definitions:

Independent Research Studies

Research projects or investigations carried out autonomously without external control or influence.

Systematic Review

A systematic review is a rigorous method of identifying, evaluating, and synthesizing all available research on a particular topic or question, following a predefined protocol.

Crowdsourcing

The practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, especially from the online community.

Alternative Solutions

Different methods or strategies that can be employed to achieve a goal, especially when dealing with a problem or challenge.