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As part of internal audit's risk assessment, a chief audit executive is determining certain factors...

As part of internal audit's risk assessment, a chief audit executive is determining certain factors as part of planning the areas to audit within an organization that makes silicon chips. Which of the following would be considered a subjective factor as part of the risk assessment?

A.

The number of vendors able to meet the supply demand request from the organization

B.

The quality of the staff supervision of silicon chips produced by the organization

C.

The length of time since the last audit of the organization's manufacturing facilities

D.

The asset value of the silicon chips that the organization did not produce because of a shortage in raw materials

IIA IIA-CIA-Part3 Summary

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  • Update on: Mar 23, 2026
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