Which of the following assignments would impair the director’s independence?

A new director was hired to lead the internal audit activity at a small start-up company.

Which of the following assignments would impair the director’s independence?
A . Preparing the financial statements for the company’s defined contribution plan.
B . Performing a pre-implementation review of the company’s payroll application.
C . Providing the COBIT framework as a possible IT management tool.
D . Reviewing the company’s policy for foreign currency translation adjustments for compliance with accounting standards.

View Answer

Answer: A