Which of the following should an internal auditor possess in order to fulfill the responsibilities of the internal audit activity?
A) Proficiency in applying management principles in order to stand in for the chief financial officer.
B) An understanding of management principles in order to evaluate deviations from good practices.
C) An appreciation of internal audit standards in order to recognize problems.
D) Proficiency in accounting principles in order to conduct fraud investigations.

Question

Quizplus · Accepted Answer

An internal auditor should have an understanding of management principles to evaluate deviations from good practices, which is essential for assessing and improving the effectiveness of risk management, control, and governance processes.

Which of the Following Should an Internal Auditor Possess in Order