A charter is being drafted for a newly formed internal auditing department. Which of the following best describes the appropriate organizational status that should be incorporated into the charter?
A: The director of internal auditing should report to the chief executive officer but have access to the board
of directors.
B: The director of internal auditing should be a member of the audit committee of the board of directors.
C: The director of internal auditing should be a staff officer reporting to the chief financial officer.
D: The director of internal auditing should report to an administrative vice president.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A charter is being drafted for a newly formed internal auditing department. Which of the following best describes the appropriate ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Seth Mason, a product manager working in a manufacturing firm, is highly anxious about change. When the top management of Mason's firm made it mandatory for all product managers to undergo a series of skills trainings, he told his superior that he
Answers (1)
John charleston owns a heating oil delivery company that services 1,540 residences. john would like to estimate the number of customers that have oil storage tanks that are less than 100 gallons in capacity.
Answers (1)
McHale Enterprises has the following incomplete General Journal entry for the most recent pay date: Oct 27 Wages and salaries expense 522 $299,384.00 Federal withholding tax payable 220 $50,895.28 Social Security tax payable 221 18,040.
Answers (1)
What is the best property to buy in Monopoly?
Answers (1)
Levi, a well-known lumber dealer with a good reputation, buys a load of lumberand pays for it with a check that is later dishonored. Sam, who is unaware of thebad check, buys the lumber from Levi. Sam is a (n) a. good faith purchaser. b.
Answers (1)
New Questions in Business
Fun toyz corporation makes skateboards, which it sells to consumers, including holly and ira. due to a defect, holly is injured while using her new board. ira's board has the same defect, but he is not injured.
Answers (1)
What is the best definition for profit?
Answers (2)
Suppose your New Year resolution is to get back in shape. You are considering various ways of doing this: you can sign up for a gym membership, walk to work, take the stairs instead of the elevator, or watch your diet.
Answers (1)
Comparable worth refers to a. the value of a job to society. b. equal pay for different types of work that are equally demanding. c. the minimum wage. d. the relative worth of men and women in the workplace.
Answers (1)
The gross earnings of the factory workers for Larkin Company during the month of January are $73,000. The employer's payroll taxes for the factory payroll are $9,200. The fringe benefits to be paid by the employer on this payroll are $6,200.
Answers (1)