Which of the following would best assist the internal audit activity in assessing whether an organization's responses to risk are aligned with its risk appetite?
A.
Analyzing the results of successful testing of controls and monitoring procedures implemented by management.
B.
Determining that there are no gaps between the internal auditors' risk assessment and the risk assessment performed by the organization.
C.
Obtaining evidence that employees throughout the organization are aware of the organization's risk appetite.
D.
Verifying that previously identified organizational risks were documented in board meeting minutes.
Option B focuses on aligning the internal audit's risk assessment with that of the organization. This does not directly assess the effectiveness or appropriateness of the actual risk responses. It merely ensures consistency in identifying and understanding risks.
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Elvoo
10 months, 3 weeks agoabdullah01
11 months ago