Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 76
A chief audit executive (CAE) received a detailed internal report of senior management's internal control assessment. Which of the following subsequent actions by the CAE would provide the greatest assurance over management's assertions?
Answer options
- A. Assert whether the described and reported control processes and systems exist.
- B. Assess whether senior management adequately supports and promotes the internal control culture described in the report.
- C. Evaluate the completeness of the report and management's responses to identified deficiencies.
- D. Determine whether management's operating style and the philosophy described in the report reflect the effective functioning of internal controls.
Correct answer: C
Explanation
The correct answer is C because evaluating the completeness of the report and management's responses to identified deficiencies directly assesses how well management has addressed any weaknesses, providing assurance on the reliability of their assertions. Options A, B, and D focus on different aspects but do not directly measure the adequacy of management's actions taken in response to the internal control assessment.