Certified Internal Auditor (CIA) Part 1: Business Acumen — Question 96

Which of the following relates to the concept of due professional care?

Answer options

• A. An auditor attempts to obtain information needed to complete an assurance engagement but is denied access.
• B. The appointment of the chief audit executive is ratified by the board.
• C. An auditor demonstrates a good understanding of the steps involved in carrying out a consulting engagement.
• D. The internal audit resource plan is only approved by the chief financial officer.

Correct answer: B

Explanation

The correct answer is B because it indicates that the appointment of the chief audit executive is subject to oversight by the board, which reflects due professional care in governance. Options A, C, and D do not directly pertain to the oversight and accountability aspects necessary for due professional care.