IIA-CIA-Part3 Exam QuestionsBrowse all questions from this exam

IIA-CIA-Part3 Exam - Question 2

Which of the following statements regarding organizational governance is not correct?

A.

An effective internal audit function is one of the four cornerstones of good governance.

B.

Those performing governance activities are accountable to the customer.

C.

Accountability is one of the key elements of organizational governance.

D.

Governance principles and the need for an internal audit function are applicable to governmental and not-for-profit activities.

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Correct Answer:

Discussion

2 comments

34205acOption: D

Nov 11, 2024

Governance principles are applicable for bothe NGOs and non NGOs

emtofid

Feb 19, 2025

i think you misread the option.

beautyofasiaOption: B

Apr 30, 2025

governance activities are accountable to multiple parties including the public and various stakeholders