According to IIA guidance, which of the following best describes processes and tools typically used in ongoing internal assessments?
A. Analysis of performance metrics such as cycle times.
B. Report of internal assessment results, response plans, and outcomes.
C. Self-assessments and surveys of stakeholder groups.
D. Benchmarking of the internal audit activity's practices and performance.
Answer:A
According to IIA guidance, which of the following best describes processes and tools typically used in ongoing internal assessments?
A. Analysis of performance metrics such as cycle times. B. Report of internal assessment results, response plans, and outcomes. C. Self-assessments and surveys of stakeholder groups. D. Benchmarking of the internal audit activity's practices and performance.