To Ensure an Internal Auditor's Independence It Is Preferable for the Internal

question 42

True/False

To ensure an internal auditor's independence it is preferable for the internal auditor to report directly to the audit committee.

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Definitions:

Specific Performance Criteria

Detailed and explicit standards used to evaluate an individual's job performance against defined objectives.

Feedback

Information that helps evaluate the success or failure of an action or system.

Developing Potential

The process of nurturing and enhancing an individual's skills and abilities for future roles or performances.

Ongoing Activity

An action or series of actions that continue over a period of time, without a specific end point, often aimed at maintaining or improving a certain condition or state.