IIA Exam IIA-ACCA Topic 11 Question 68 Discussion

Actual exam question for IIA's IIA-ACCA exam

Question #: 68
Topic #: 11

According to IIA guidance, which of the following statements is true regarding periodic internal assessments of the internal audit activity?

AInternal assessments are conducted to benchmark the internal audit activity's performance against industry best practices.

BInternal assessments must be performed at least once every five years by a qualified assessor.

CAn internal auditor may perform a peer review of a colleague's workpapers, as long as the auditor wasn't involved in the audit under review.

DFollow-up to ensure appropriate improvements are implemented is a recommended, but not mandatory, element of internal assessments.

Show Suggested Answer

Suggested Answer: A

by Alesia at Dec 25, 2023, 11:50 AM

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7 days ago

I think the answer is A.

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