Which of the following is the IIA's stated position regarding the internal auditing activity?
a. All responsibilities for internal auditing activity can be outsourced.
b. An in-house liaison, such as an executive or senior management member, should be assigned the responsibility for internally managing the internal auditing activity.
c. All internal auditors involved in the internal auditing activity must be CIAs.
d. Internal auditors for the internal auditing activity should be supervised by CPAs.
b
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The vision statement addresses a company's reason for existence, core values, and domain
Indicate whether the statement is true or false.
A swim lane flowchart is an appropriate tool to use when:
A) the process features only intangible outputs. B) the process involves more than one department. C) the process scope is difficult to define. D) the process has a person or group of people at a workstation or with a customer.