Exam IIA-CIA-Part1 All QuestionsBrowse all questions from this exam
Question 165

In order to be organizationally independent, the chief audit executive should report administratively to the [List A] and functionally to the [List B].

[List A]

[List B]

    Correct Answer: A

    In order to be organizationally independent, the chief audit executive should report administratively to the audit committee and functionally to the board of directors. The administrative reporting line to the audit committee helps to ensure that the chief audit executive has the necessary independence from management influence, while the functional reporting to the board of directors provides the necessary oversight.

Discussion
thabashOption: B

In order to be organizationally independent, the chief audit executive should report administratively to the [CEO] and functionally to the [Board].

erayerdem

Incomplete question.