Which of the following is accomplished by the internal audit charter?
A. It defines the scope of internal and external audit activities.
B. It authorizes access to records,personnel and physical properties relevant to the performance of engagements.
C. It establishes the audit committee’s position within the organization.
D. It states the nature of the chief audit executive’s administrative reporting relationship with the board.
Answer:B
Which of the following is accomplished by the internal audit charter?
A. It defines the scope of internal and external audit activities. B. It authorizes access to records,personnel and physical properties relevant to the performance of engagements. C. It establishes the audit committee’s position within the organization. D. It states the nature of the chief audit executive’s administrative reporting relationship with the board.