Multiple Choice
After the team member who specialized in fraud investigations left the internal audit team, the chief audit executive decided to outsource fraud investigations to a third party service provider on an as needed basis. Which of the following is most likely to be a disadvantage of this outsourcing decision?
A) Cost.
B) Independence.
C) Familiarity.
D) Flexibility.
Correct Answer:

Verified
Correct Answer:
Verified
Q302: An internal auditor was assigned to conduct
Q303: The chief audit executive (CAE) determined that
Q304: An internal auditor noticed that employees with
Q305: The chief audit executive (CAE) of an
Q306: An audit department has received anonymous information
Q308: Due to a recent system upgrade, an
Q309: When establishing the internal audit activity's annual
Q310: Which of the following would be a
Q311: When creating the internal audit plan, the
Q312: Given the scarcity of internal audit resources,