10. Which of the following are required of the internal audit function per the Standards?...
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Accounting
Which of the following are required of the internal audit function per the Standards? a Evaluate the effectiveness of the audit committee annually. b Issue an overall opinion on the adequacy of the organizations system of internal controls annually. c Obtain an annual representation from management acknowledging managements responsibility for the design and implementation of internal controls to prevent illegal acts. d Assess whether the IT governance of the organization sustains and supports the organizations strategies and objectives.
Which of the following are required of the internal audit function per the Standards?
a Evaluate the effectiveness of the audit committee annually.
b Issue an overall opinion on the adequacy of the organizations system of internal controls annually.
c Obtain an annual representation from management acknowledging managements responsibility for the design and implementation of internal controls to prevent illegal acts.
d Assess whether the IT governance of the organization sustains and supports the organizations strategies and objectives.
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