Free IIA-CIA-PART2 Web TestEngine Demo

Q71 Single choice

During a review of the organization's waste management processes, the internal auditor discovered that wastewater is being disposed of inappropriately. The auditor's recommendations, suggested to mitigate the risk of regulatory sanctions and reputational damages, were accepted and timelines for implementation were agreed. However, during the internal audit activity's periodic follow-up exercise, management indicated that the recommendation was too expensive to implement and the current disposal method has been cost-effective.

What should the chief audit executive do in this case?

A
Nothing, as the internal audit activity has fulfilled its responsibility of providing recommendations to mitigate the risks to which the organization is exposed.
B
Contact the regulatory agency responsible for monitoring such matters in order to convince management to implement the recommendations.
C
Convene a meeting with senior management and discuss the issue and the potential impact it may have on the organization.
D
Highlight the current exposure to the external auditors so they too can highlight the issue and further pressure management to address the concern.

IIA-CIA-PART2 Web TestEngine demo