Certified Internal Auditor (CIA) Part 3: Business Knowledge for Internal Auditing — Question 261

Senior management has decided to implement the Three Lines of Defense model for risk management. Which of the following best describes senior management's duties with regard to this model?

Answer options

• A. Ensure compliance with the model.
• B. Identify management functions.
• C. Identify emerging issues.
• D. Set goals for implementation.

Correct answer: D

Explanation

The correct answer is D because senior management is responsible for establishing goals that guide the implementation of the Three Lines of Defense model. Options A, B, and C, while they may be relevant tasks, do not specifically capture the overarching duty of senior management to set the strategic direction for risk management.