According to IIA Guidance, Which of the Following Statements Is

Multiple Choice

According to IIA guidance, which of the following statements is true regarding the reporting of results from a quality assurance and improvement program review of the internal audit activity?

A) A report on the results of the assessment is issued upon completion, and progress on implementing recommended improvements must be reported monthly.
B) The results are reported upon completion in confidence directly to the board, and management is advised only of the recommendations and improvement action plans.
C) The results are shared with the board and management upon completion, and monitoring of recommended improvements must be reported at least annually.
D) The results are communicated upon completion to the board and management, but action plans for recommended improvements do not have to be reported.