8) Which of the following best describes internal auditing's primary purpose in reviewing the organization's existing...

 

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8) Which of the following best describes internal auditing's primary purpose in reviewing the organization's existing governance, risk management and controls processes? A) To ensure all weaknesses in the internal control system are corrected B) To develop the audit plan C) To provide reasonable assurance that the processes will enable the organization's objectives and goals to be met D) To offer an opinion as to whether the financial statements are fairly stated E) To comply with the IPPF Code of Ethics 8) Which of the following best describes internal auditing's primary purpose in reviewing the organization's existing governance, risk management and controls processes? A) To ensure all weaknesses in the internal control system are corrected B) To develop the audit plan C) To provide reasonable assurance that the processes will enable the organization's objectives and goals to be met D) To offer an opinion as to whether the financial statements are fairly stated E) To comply with the IPPF Code of Ethics

Answer rating: 100% (QA)

Answer A The purpose of internal auditing is to ensure that the internal control system is functio... View the full answer