Intro to Mortgage Origination Examinations Training - July 2025

Internal Use Only

Knowledge Check #6 What is the primary role of the internal audit function under sound corporate governance principles? A. To prepare the company’s marketing and investor relations materials B. To ensure the board avoids responsibility for compliance issues C. To provide independent and objective assurance on the effectiveness of internal controls, risk management, and governance processes D. To conduct external financial audits for regulatory filings

Internal Use Only