Question
An internal auditing team has made observations and recommendations that should significantly improve a divisions operating efficiency. Out of appreciation of this work, and because
An internal auditing team has made observations and recommendations that should significantly improve a divisions operating efficiency. Out of appreciation of this work, and because it is the holiday season, the division manager presents the in-charge internal auditor with a gift of moderate value. Which of the following best describes the action prescribed by The IIA Code of Ethics?
Select one: a. Not accept it prior to submission of the final engagement communication. b. Accept it, regardless of other circumstances, because its value is insignificant. c. Not accept it, regardless of other circumstances, because its value is significant. d. Not accept it if the gift is presumed to impair the internal auditor's judgment.
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