According to IIA guidance, which of the following best describes internal auditors’ responsibility regarding fraud?

According to IIA guidance, which of the following best describes internal auditors’ responsibility regarding fraud?
A . Internal auditors should take a leading role in investigating all fraud-related cases.
B . Internal auditors must have sufficient knowledge to evaluate the risk of fraud.
C . Internal auditors should report all fraud cases to law enforcement agents, in accordance with the Code of Ethics.
D . Internal auditors are responsible for ensuring that fraud does not occur.

View Answer

Answer: B