16.According to IIA guidance, which of the following is the most likely obstacle to undertaking a quality assurance and improvement program by the internal audit activity?

A.The lack of independence and objectivity.

B.The time commitment to complete.

C.The size of internal audit department unde

D.The inability to adequately fund the program.

17.The chief audit executive (CAE) of an organization has established an internal audit activity (IAA) quality assessment program. According to IIA guidance, which of the following would be part of this program?

A.Compliance with a checklist of required audit procedures, and review of individual audits to determine the quality and timeliness of supervision.

B.Assessment of the IAA conducted independently of client feedback, and identified areas of improvement reviewed at the end of the year.

C.Assessment of the IAA conducted independently of client feedback, and the review of individual audits to determine the quality and timeliness of supervision.

D.Compliance with a checklist of required audit procedures, and identified areas of improvement reviewed at the end of the year.

18.According to IIA guidance, which of the following statements regarding the internal audit charter is true?

A.Senior management should approve the charter before it is submitted to the board.

B.The charter should describe the purpose and authority of the internal audit activity, consistent with the Standards.

C.The charter should define the consulting services that the internal audit activity is permitted to perform.

D.The CEO periodically should assess whether the terms of the charter continue to be adequate.