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Management of an internal audit program should consider all of the following EXCEPT
Suggested Answer: A
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22 comments · newest first
FR
Francoise
11 months ago
I’m surprised that anyone would think taking ownership isn’t crucial!
AU
Audria
11 months ago
Supporting company goals is definitely key, so B is not the answer.
PA
Pa
11 months ago
Wait, are we really saying that quality assurance isn't part of the audit program?
CH
Chau
11 months ago
Totally disagree! Weighing costs is super important for effective audits.
RO
Ronnie
11 months ago
I think D is the right answer. Costs vs benefits shouldn't be a priority.
BE
Bea
12 months ago
I think C makes sense because audits are supposed to evaluate performance, but I wonder if that’s really what they focus on in management.
ED
Edda
12 months ago
I feel like A might be the odd one out here. Taking ownership of quality assurance seems more like a responsibility than a management consideration.
ME
Mertie
12 months ago
I'm a bit unsure about D. We talked about cost-benefit analysis, but I can't recall if it was a core part of managing the audit program.
DA
Daniela
1 year ago
I remember discussing how internal audits should align with company goals, so I think B is definitely important.
DO
Dong
1 year ago
Okay, I think I've got this. The key is to identify the option that doesn't fit with the other considerations like supporting company objectives and evaluating performance.
EL
Eleonore
1 year ago
Hmm, I'm a bit unsure about this one. I need to carefully read through the options and think about what would not be a consideration for managing an internal audit program.
YO
Yolando
1 year ago
This question seems straightforward. I'll focus on finding the option that is not a consideration for managing an internal audit program.
CH
Cherry
1 year ago
Taking ownership of the quality assurance program seems like it would be an important consideration, so I'll eliminate that as the answer.
DO
Doyle
1 year ago
Hmm, I'm not entirely sure about this one. I know there are organizations that maintain software databases, but I'm not familiar with the specific details of each option. I'll have to think this through carefully.
JA
Janet
1 year ago
I think the V-Model represents the relationship between verification and validation activities, so I'll go with option D.
GI
Giovanna
1 year ago
I remember a similar question about centralization in task services; the Process Centralization pattern might be the way to go here, but it could be tricky to implement correctly.
SY
Sylvia
1 year ago
Option D seems like it's discussing audit evidence but doesn't ring any bells for inclusion in a representation letter. I think it's less likely.
TO
Toi
2 years ago
So, we can eliminate option D), but we still need to consider the other three factors in managing an internal audit program.
BU
Buddy
2 years ago
I agree, because considering costs versus benefits is essential in making decisions, especially in auditing.
AI
Aide
2 years ago
I believe one option that can be eliminated is D) weighing costs versus benefits of conducting an audit.
TO
Toi
2 years ago
Yes, it's asking us what should NOT be considered in managing an internal audit program.
BU
Buddy
2 years ago
I think the question is about internal audit program management.