Which of the following engagements would be considered an appropriate consulting service?
Which of the following engagements would be considered an appropriate consulting service?
Consulting services typically involve advising, training, or providing expertise in a specific area. The internal audit activity facilitating biannual training of the risk management team in risk identification methodologies aligns with this definition as it involves providing expertise and training. The other options involve routine audits, cosourcing arrangements, and partnerships for external audits, which are more aligned with standard audit activities rather than consulting services.
Why D?