Which of the Following Would Be Considered the Most Significant

question 98

Multiple Choice

Which of the following would be considered the most significant problem for internal audit if the chief audit executive reported to the controller?

• A) The controller would amend the audit schedule so more audit time was spent on accounting issues.
• B) The controller may have no training as an internal auditor.
• C) During times when the budget needs to be cut, internal audit would likely be the first to lose funding.
• D) The controller can control the scope of audits and censor audit reports before being sent to management and the audit committee.

---

Definitions:

Voting

The action of expressing a choice or decision, typically within an electoral process or decision-making in groups.

Accommodation

Adjusting or adapting to someone's needs or a new situation.

Problem Solving

The process of identifying a challenge or obstacle and working through a series of steps to find a solution or overcome the difficulty.

Relationship Damage

The negative impact on the connection between individuals or entities, often leading to a reduction in trust or cooperation.