Exam IIA-CIA-Part3 Topic 9 Question 418 Discussion

Actual exam question for IIA's IIA-CIA-Part3 exam
Question #: 418
Topic #: 9

Which of the following statements regarding the necessary resources to achieve the internal audit plan is true?

A. Ultimate oversight and responsibility for the internal audit function can be outsourced B. Relying upon the work of other assurance providers decreases the efficiency with which to retain auditors with high knowledge and experience C. Internal audit resources can be obtained entirely from outside the organization D. Co-sourcing, where experts from outside the organization perform specialized work, must be used by chief audit executives instead of outsourcing

Suggested Answer: C Vote an answer

According to the Standards, internal audit activities can be provided through in-house resources, outsourcing, or a co-sourcing model. Therefore, it is possible for all resources to come from outside the organization, but ultimate responsibility and accountability remain with the CAE, management, and the board.
Option A is incorrect because oversight cannot be outsourced. Option B is incorrect-coordination with other assurance providers typically increases efficiency. Option D misstates requirements; co-sourcing is an option, not a mandatory practice.
Reference:
IIA Standards - Standard 2070: External Service Provider and Organizational Responsibility for Internal Auditing.

by Miles at Nov 18, 2025, 01:56 AM

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