Certified Internal Auditor (CIA) Part 1: Business Acumen — Question 59

Which of the following best contributes to the effectiveness of the internal audit activity in an organization?

Answer options

• A. Appropriate terms of internal audit scope and responsibility in the charter.
• B. Appropriate compliance coverage in the annual audit plan.
• C. Regular review of the audit charter by management.
• D. Assurance of internal audit objectivity by the board.

Correct answer: A

Explanation

The correct answer, A, emphasizes the importance of clearly defined terms in the charter, which sets the foundation for the internal audit's roles and responsibilities. Options B, C, and D, while important, do not directly establish the framework that guides the internal audit's effectiveness as the charter does.