Which of the following statements is true regarding the internal audit activity's reliance on the work of other internal or external assurance providers?
Which of the following statements is true regarding the internal audit activity's reliance on the work of other internal or external assurance providers?
all these statements are false, in an exam i will probably go with B as the most reasonable.
According to the Institute of Internal Auditors (IIA) guidance, the internal audit activity may place reliance on the work of other assurance providers, regardless of their independence. The key factors to consider are the purpose, independence, objectivity, competence, and due professional care of the assurance providers. The internal audit activity should establish a consistent process for evaluating and relying on the work of others.
*not regardless of their independence - every answer is wrong
Best amongst all wrong choices