Question: Modern Internal Auditing suggests that internal control is the most important and fundamental concept that an internal auditor must understand. Poor controls lead to losses,

Modern Internal Auditing suggests that internal control is the most important and fundamental concept that an internal auditor must understand. Poor controls lead to losses, scandals, failures and damage the reputation of organizations in whatever sector they are from. What is the role of internal auditor in ensuring procurement internal control system in a procuring entity?

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