Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 17

Which of the following is not true regarding the management of internal audit resources?

Answer options

• A. A minimum level of information technology knowledge is necessary.
• B. The adequacy of internal audit resources is ultimately a board responsibility.
• C. Resources include external service providers and computer-assisted audit techniques.
• D. Skills availability must be aligned with financial constraints.

Correct answer: D

Explanation

Option D is correct because aligning skill availability with financial constraints may not accurately reflect the necessary competencies for effective auditing. Options A, B, and C are true statements regarding the management of internal audit resources, emphasizing the importance of IT knowledge, board responsibility, and the inclusion of external resources.