According to IIA guidance, which of the following statements is true regarding periodic internal assessments of the internal audit activity?
A . Internal assessments are conducted to benchmark the internal audit activity’s performance against industry best practices.
B . Internal assessments must be performed at least once every five years by a qualified assessor.
C . An internal auditor may perform a peer review of a colleague’s workpapers, as long as the auditor wasn’t involved in the audit under review.
D . Follow-up to ensure appropriate improvements are implemented is a recommended, but not mandatory, element of internal assessments.
Answer: C