Which of the following competencies must the internal audit activity possess collectively?

A quality assurance and improvement program of an internal audit activity provides reasonable assurance that internal auditing work is performed in accordance with its charter. Which of the following are designed to provide feedback on the effectiveness of an internal audit activity?
1. Proper supervision
2. Proper training
3. Internal reviews
4. External reviews

A. 2, 3, and 4 only.
B. 1, 2, 3, and 4.
C. 1, 3, and 4 only.
D. 1, 2, and 3 only.

What is internal audit competencies?

Generally speaking, internal audit competencies fall into one of three broad areas: Technical auditing or accounting skills; Skills relating to critical thinking and business understanding; and. Interpersonal and communication skills.

What is competency requirement of internal auditors?

Core Skills and Competencies for Internal Auditors Communication skills, including oral communication, report writing, and presentation skills. Problem-solving skills (i.e., conceptual and analytical thinking) Ability to promote the value of internal audit among key employees within the organization.

What are five good audit competencies that an internal auditor should possess?

These competencies are fundamental to advancing audit quality and need to be used in conjunction with innovation..
Strong communication skills. ... .
Emotional intelligence. ... .
Critical thinking and business acumen. ... .
Professional skepticism. ... .
Interpersonal skills..

Which of the following are included in the activities of the internal audit function?

Operations, Reporting, Risk assessment, Control activities, and Monitoring activities. Reporting, Control environment, Risk assessment, Control activities, and Monitoring activities.