IIA Exam IIA-CHAL-QISA Topic 2 Question 7 Discussion

Actual exam question for IIA's IIA-CHAL-QISA exam

Question #: 7
Topic #: 2

Which of the following documents are internal auditors most likely to be asked to sign as a demonstration of due professional care?

AA description of their job responsibilities.

BA non-disclosure agreement

CAn annual declaration of commitment to The HAs Code of Ethics.

DThe internal audit charter

Show Suggested Answer

Suggested Answer: C

Professional Responsibility: Internal auditors are expected to demonstrate their commitment to professional standards and ethics.

Code of Ethics: The IIA's Code of Ethics outlines principles that internal auditors must follow, including integrity, objectivity, confidentiality, and competency.

Annual Declaration: Signing an annual declaration reinforces the auditor's commitment to these principles and ensures ongoing adherence to the professional standards.

Demonstration of Due Care: By signing this declaration, auditors formally acknowledge their responsibility to uphold ethical standards, which is a demonstration of due professional care.

The IIA's Code of Ethics.

The IIA's International Standards for the Professional Practice of Internal Auditing.

by Audry at Jul 09, 2024, 11:39 PM

Limited Time Offer

25%

Off

Get Premium IIA-CHAL-QISA Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Asha

7 months ago

C. Definitely C. Upholding the code of ethics is the backbone of any internal auditor's work.

upvoted 0 times

Alethea

6 months ago

B) A non-disclosure agreement

upvoted 0 times

...

Jeffrey

6 months ago

A) A description of their job responsibilities.

upvoted 0 times

...

Shad

6 months ago

C. Definitely C. Upholding the code of ethics is the backbone of any internal auditor's work.

upvoted 0 times

...

Deandrea

7 months ago

Hah, I bet the non-disclosure agreement (B) is a trick answer. Internal auditors are all about transparency, not keeping secrets!

upvoted 0 times

Jose

6 months ago

B) A non-disclosure agreement

upvoted 0 times

...

Keneth

6 months ago

D) The internal audit charter

upvoted 0 times

...

Renato

6 months ago

C) An annual declaration of commitment to The HAs Code of Ethics.

upvoted 0 times

...

Blair

6 months ago

A) A description of their job responsibilities.

upvoted 0 times

...

Nobuko

7 months ago

D. The internal audit charter. That's the document that defines the purpose, authority, and responsibility of the internal audit function, so it makes sense for auditors to sign it.

upvoted 0 times

Hannah

6 months ago

C) An annual declaration of commitment to The IIA's Code of Ethics.

upvoted 0 times

...

Madelyn

6 months ago

B) A non-disclosure agreement

upvoted 0 times

...

Eveline

6 months ago

A) A description of their job responsibilities.

upvoted 0 times

...

Kate

7 months ago

A: Exactly, it shows their commitment to following ethical guidelines.

upvoted 0 times

...

Rikki

7 months ago

B: Yes, that document outlines their role and responsibilities.

upvoted 0 times

...

Pearlene

7 months ago

A: I think it's important for internal auditors to sign the internal audit charter.

upvoted 0 times

...

Lauran

7 months ago

I believe internal auditors may also be asked to sign a non-disclosure agreement to protect sensitive information.

upvoted 0 times

...

Slyvia

7 months ago

I agree with Clarinda. Signing the internal audit charter shows their commitment to due professional care.

upvoted 0 times

...

Clarinda

8 months ago

I think internal auditors are most likely to be asked to sign the internal audit charter.

upvoted 0 times

...

Tammy

8 months ago

I think the answer is C. An annual declaration of commitment to The HAs Code of Ethics. It's crucial for internal auditors to demonstrate their ethical standards.

upvoted 0 times