In assessing the competence of a client's internal auditor,an external auditor most likely would consider the:
A)Internal auditor's compliance with professional internal auditing standards.
B)Client's policies that limit the internal auditor's access to management salary data.
C)Evidence supporting a further reduction in the assessed level of control risk.
D)Results of ratio analysis that may identify unusual transactions and events.

Question

Quizplus · Accepted Answer

The external auditor would most likely consider the internal auditor's compliance with professional internal auditing standards as a measure of their competence. This includes their adherence to auditing principles, quality of work, and overall professionalism in conducting their duties. Policy restrictions or ratio analysis may not necessarily determine the competence of the internal auditor.

In Assessing the Competence of a Client's Internal Auditor,an External