Certified Internal Auditor (CIA) Part 1: Business Acumen — Question 156

Which of the following is an appropriate role for the internal audit activity?

Answer options

• A. Ensuring the organization's key risks are managed through appropriate controls.
• B. Assisting the organization in maintaining effective controls.
• C. Implementing new controls to promote continuous improvement.
• D. Validating control assessments performed by the external auditor.

Correct answer: A

Explanation

The correct answer, A, highlights the internal audit's primary responsibility of ensuring that key risks are effectively managed by implementing appropriate controls. Options B and C, while relevant to the audit activity, focus more on assistance and implementation rather than the core oversight role. Option D deals with external audits, which is outside the typical scope of internal audit's functions.