Which of the following is true regarding business process outsourcing? a. Outsourcing a core, high-risk business process
Question:
Which of the following is true regarding business process outsourcing?
a. Outsourcing a core, high-risk business process reduces the overall operational risk.
b. Outsourced processes should not be included in the internal audit universe.
c. The independent outside auditor is required to review all significant outsourced business processes.
d. Management’s controls to ensure the outsourcing provider meets contractual performance requirements should be tested by the internal audit function.
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Among the options provided the correct statement regarding business process outsourcing is c The ind...View the full answer
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Related Book For
Internal Auditing Assurance & Advisory Services
ISBN: 9780894139871
4th Edition
Authors: Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Cris Riddle, Mark Salamasick, Paul J. Sobel
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