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NEW QUESTION: 1
According to the Standards, the organizational status of the internal audit activity:
A. Requires the board's annual approval of the audit schedules, plans, and budgets.
B. Is guaranteed when the charter specifically defines its independence.
C. Is best when the reporting relationship is direct to the board of directors.
D. Must be sufficient to permit the accomplishment of its audit responsibilities.
Answer: D
NEW QUESTION: 2
A. Option D
B. Option A
C. Option B
D. Option C
Answer: B
NEW QUESTION: 3
A. Option D
B. Option E
C. Option B
D. Option A
E. Option F
F. Option C
Answer: E
NEW QUESTION: 4
Scenario:
A. Option D
B. Option A
C. Option B
D. Option C
Answer: B
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