Which of the following best describes the approach the internal audit activity should take to assess and make appropriate recommendations to improve the organization?
A.
To evaluate an organization's governance processes for making strategic and operational decisions, internal auditors should review the organization's policies and processes related to staff compensation.
B.
To determine how an organization provides oversight of its risk management and control activities, internal auditors should review board meeting minutes and the board policy manual.
C.
To assess how an organization promotes ethics and values, both internally and among its external business partners, internal auditors should review the organization's related objectives, programs, and activities.
D.
To evaluate how an organization ensures effective performance management and accountability, internal auditors should review previously conducted risk assessments.
The question asks for the best approach internal auditors should take to assess and make recommendations to improve the organization.
When assessing how an organization promotes ethics and values, the appropriate method is to:
Review objectives related to ethics,
Examine programs and policies in place,
Evaluate activities intended to promote ethical behavior internally and externally.
This aligns with good governance principles and IIA standards, emphasizing ethics, integrity, and values promotion.
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Kozy
1 month ago