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Which of the following are true regarding internal auditors and the adequacy of an organization's risk management process I. Internal auditors must understand the risk

image text in transcribed Which of the following are true regarding internal auditors and the adequacy of an organization's risk management process I. Internal auditors must understand the risk assessment process and the tools used to make the assessment II. Internal auditors should determine the level of risks acceptable to the organization III. Internal auditors need to be satisfied that the key objectives of risk management processes are being met IV. Internal auditors should evaluate management's risk processes the same way they analyze risk when planning an engagement 1 and I1 only Nane of the choices I and t11 only I. II, III and iV I. II and III anly

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