Question 14 Q: 14 Which of the following best describes a consulting engagement rather an assurance engagement? Options A: Bank internal auditors review an activity checklist to determine that the loan officer followed proper procedures. B: The chief financial officer asks for the internal auditor's opinion regarding whether the new accounting pronouncements were properly and comprehensively adopted C: An internal auditor is assigned to assess whether a proposed new initiative to convert a customer service system would be cost effective. D: Senior management asks the internal audit activity to review compliance with customer data security regulations Save Question Show Answer Discussion 0 Clear Discussion Most voted Newest No comments yet. Be the first to comment. Post Be respectful. No spam. Correct Answer: C
