The yearly part seems like a trick question to me. I don't think internal audits have to be done every single year - it probably depends on the organization and what they need. I'll focus on the independence aspect.
Okay, I remember learning that internal audits are not the same as external audits, which are conducted by an independent third party. Internal audits are done by the organization itself, so they can't be completely independent of the organization.
Hmm, I'm a bit unsure about this. I know internal audits are supposed to be objective, but I'm not sure if that means they have no advisory role at all. I'll have to think about that one.
I'm pretty confident about this one. I think the key is that internal audits are meant to be independent of the activities being audited, even if they are part of the same organization.
Wait, internal audits are a thing? I thought we just randomly showed up at the office and asked the boss a bunch of questions. No wonder they never take me seriously.
Well, if internal audits aren't independent, how can they be objective? A has got to be the correct answer. Unless, of course, the question was a trick and the real answer is 'they provide free donuts to the audited team'.
I'm pretty sure internal audits are supposed to be independent of the audited activities, not the entire organization. Seems like option A is the way to go here.
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