Internal Auditors Should Report Directly to the Audit Committee and Operate

question 43

True/False

Internal auditors should report directly to the audit committee and operate completely independent of the CEO,the CFO,and top management.

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character.

Organizational Commitment

Organizational commitment is the loyalty of an individual to the organization.

Emotional Commitment

A deep, affective attachment to an organization or cause that surpasses mere loyalty or intellectual agreement.

Rational Commitment

An individual's logical decision to remain dedicated to an organization based on the benefits and costs associated with that commitment.