Auditing · Internal Audit Outsourcing
Consider the following attributes relating to the choice between employing internal audit staff directly and outsourcing the internal audit department: 1. Greater availability of specialist industry skills as required 2. Flexibility regarding staff numbers in response to changing circumstances 3. Elimination of direct training costs 4. Development of skills increasing the human resource strength of the entity Which of the following correctly classifies these attributes?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Employed: 3; Outsourced: 1, 2, 4
- 2Employed: 2, 4; Outsourced: 1, 3
- 3Employed: 1, 2, 3; Outsourced: 4
- 4Employed: 4; Outsourced: 1, 2, 3✓
Correct answer
Employed: 4; Outsourced: 1, 2, 3
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