Certified Quality Auditor (CQA) Prasctice Exam

Management of an internal audit program should consider all of the following EXCEPT:

1. Taking ownership of the quality assurance program

2. Supporting company objectives, goals, and strategies

3. Assuring audits evaluate company performance

4. Weighing costs versus benefits of conducting an audit

The correct answer is: Taking ownership of the quality assurance program

Taking ownership of the quality assurance program is not typically considered a responsibility of management regarding the internal audit program. Instead, management plays a supportive role, ensuring that the audit program aligns with the organization's objectives and strategies. Ownership of the quality assurance program usually lies with a separate quality assurance team or department that focuses on maintaining quality standards across the organization, rather than solely within the audit function. Supporting company objectives, goals, and strategies is essential as internal audits should align with the overall mission and strategy of the organization. This alignment ensures that the audit activities add value and support the achievement of key business goals. Assuring audits evaluate company performance is crucial as the purpose of internal audits is to assess whether the company’s processes and controls are effective and efficient, ultimately supporting the organization's continuous improvement efforts. Weighing costs versus benefits of conducting an audit is also an important consideration, as organizations must ensure that the resources allocated to audits provide a return on investment and contribute to the efficiency and effectiveness of operations.