Question: Your company's management is considering a proposal which would require the internal auditors to participate in collecting the bids and controlling the competitive bidding practices

Your company's management is considering a proposal which would require the internal auditors to participate in collecting the bids and controlling the competitive bidding practices in the purchasing department.
Required:

Discuss your response to the above proposal to involve the internal auditors in a line function in relation to:

(1) A short-term assignment.
(2) A long-term assignment.

(3) Its possible impact on the effectiveness of your normal audit program in the purchasing area.

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