Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 129

Which of the following reasonably represents best practices regarding what should be the level of internal audit resource investment in monitoring and following up on engagement outcomes?

Answer options

• A. Limited resources should be employed since the actual engagement is already completed and the onus of corrective actions rests with management.
• B. No resources should be exclusively deployed for that at all, rather it should be planned as part of future engagements in the same area.
• C. Resources should only be provided towards this if doing so does not result in depletion of resources for new engagements planned in the current period.
• D. Resources should be allocated to this without conditions as long as doing so meets the expectations of management and the judgment of the chief audit executive.

Correct answer: D

Explanation

The correct answer is D because it emphasizes the importance of allocating resources for monitoring and follow-up to ensure that outcomes are addressed effectively, which aligns with best practices in auditing. Options A, B, and C suggest a lack of commitment to follow-up, which may lead to unresolved issues and does not reflect the proactive approach necessary in internal auditing.