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NEW QUESTION 29
According to IIA guidance, which of the following statements is true regarding the reporting of results from an external quality assessment of the internal audit activity?
Answer: B
NEW QUESTION 30
The chief audit executive (CAE) is planning to conduct an internal assessment of the internal audit activity (IAA). Part of this assessment will include benchmarking. According to IIA guidance, which of the following qualitative metrics would be appropriate for the CAE to use?
1. Average client customer satisfaction score for a given year.
2. Client survey comments on how to improve the IAA.
3. Auditor interviews once an audit has been completed.
4. Percentage of audits completed within 90 days.
Answer: A
NEW QUESTION 31
Which of the following scenarios would represent the greatest threat to the authority of the internal audit activity (IAA)?
Answer: C
NEW QUESTION 32
A new internal audit activity is creating its first charter. According to IIA guidance, which of the following objectives would be appropriate for inclusion in the charter?
Answer: A
NEW QUESTION 33
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