Certified Internal Auditor (CIA) Part 1: Business Acumen — Question 81

Answer options

• A. The QAIP should be conducted at least once every three years, and must be performed by an external assessor.
• B. The QAIP should be conducted on an ongoing basis, and can be completed as a self-assessment.
• C. The QAIP should include both internal assessments performed by staff and external assessments performed by independent, objective individuals.
• D. The QAIP should be performed with scoping limitations established by the board.

Correct answer: C

Explanation

The correct answer, C, is accurate because the QAIP requires both internal and external assessments to ensure a comprehensive evaluation of the program. Option A is incorrect as it restricts the assessment to a three-year interval and mandates an external assessor only. Option B suggests a self-assessment only, which does not align with the requirement for independent evaluations. Option D implies restrictions that are not mandated by the QAIP guidelines.