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IIA Exam IIA-CIA-Part1 Topic 8 Question 68 Discussion

Actual exam question for IIA's IIA-CIA-Part1 exam
Question #: 68
Topic #: 8
[All IIA-CIA-Part1 Questions]

The level of authority for the internal audit activity is granted by which of the following?

Show Suggested Answer Hide Answer
Suggested Answer: B

The internal audit charter formally grants the internal audit activity its authority, as per IIA standards. It outlines the audit function's scope, responsibilities, and independence within the organization.


by Roselle at Jan 12, 2025, 04:27 AM

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Rory
2 months ago
Haha, the chief audit executive granting their own level of authority? That's like the fox guarding the henhouse. Definitely option B for me.
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Azzie
11 days ago
Following the International Professional Practices Framework is crucial.
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Kimberely
13 days ago
The chief audit executive should not have all the power.
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Lenora
27 days ago
It's important to have a clear framework for authority.
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Alton
29 days ago
I agree, the internal audit charter is the way to go.
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Adaline
2 months ago
I'm going with option B. The internal audit charter is the ultimate authority. It's the auditor's version of the Magna Carta.
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Nidia
2 months ago
The chief audit executive also plays a key role in granting authority.
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Alberta
2 months ago
I agree, the internal audit charter is like our constitution.
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Joanna
2 months ago
But doesn't the International Professional Practices Framework also play a role in granting authority?
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Leonora
2 months ago
I believe it's actually granted by the chief audit executive.
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Joanna
2 months ago
I think the level of authority is granted by the internal audit charter.
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Carylon
3 months ago
B is the way to go. The internal audit charter is the foundation for the whole operation. It's like the constitution for internal auditors.
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Eve
2 months ago
C) The International Professional Practices Framework.
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Tonja
2 months ago
B) The internal audit charter.
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Oliva
2 months ago
A) The chief audit executive.
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Estrella
3 months ago
The internal audit charter definitely grants the level of authority, not the chief audit executive. Gotta read the fine print, you know?
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Melissa
2 months ago
C) The International Professional Practices Framework.
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Elise
2 months ago
B) The internal audit charter.
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Chantell
2 months ago
A) The chief audit executive.
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