IIA Exam IIA-CRMA Topic 7 Question 18 Discussion

Actual exam question for IIA's Certification in Risk Management Assurance (CRMA) Exam exam

Question #: 18
Topic #: 7

Which of the following would be considered a violation of The IIA's mandatory guidance on independence?

AThe chief audit executive (CAE) reports functionally to the board and administratively to the chief financial officer.

BThe board seeks senior management's recommendation before approving the annual salary adjustment of the CAE.

CThe CAE confirms to the board, at least once every five years, the organizational independence of the internal audit activity.

DThe CAE updates the internal audit charter and presents it to the board for approval periodically, not on a specific timeline.

Show Suggested Answer

Suggested Answer: B

by Buddy at May 05, 2022, 06:47 PM

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