Exam IIA-CIA-Part1 topic 5 question 70 discussion

question should be 'NOT TRUE'

B. True: The internal audit charter is a formal document that defines the purpose, authority, and responsibility of the internal audit activity. It should align with the Standards for the Professional Practice of Internal Auditing set by the IIA. This ensures clarity on the role of internal audit within the organization.

so the correct answer is B?

B. Senior management should approve the charter before it is submitted to the board: While senior management may be involved in the development and approval process of the internal audit charter, it is ultimately the board of directors who approve the charter.

Attribute standard 1000. A. Senior management should approve the charter before it is ULTIMATELY submitted to the board. B. The charter should describe the purpose and authority of the internal audit activity, consistent with the Mission and IPPF. C. The charter should define the NATURE of the consulting services since the internal audit activity is naturally permitted to perform them. D. The CAE periodically should assess whether the terms of the charter continue to be adequate.

the correct answer is B

According to The IIA guidance, which of the following statements regarding the internal audit charter is FALSE? A should be correct.

I agree - id the wording of this question correct?