Question 3: (20 marks) A. The internal audit function has been evolving with the increasing size and complexity of business that many large companies have experienced over decades. What are the functions performed by internal auditors or internal audit committee? (7marks) B. An accounting error is an error in an accounting entry, some errors can cause trial balance not to balance while, some errors are not revealed and detected by trail balance. What are these? Explain briefly with example. (7marks) C. Mary and Johns run a business together and are organized as a partnership to which each has contributed $ 560,000 in capital. During their accounting years they made a profit of $960,000. Drawings amounted to $56,000 for Mary and $72,000 for Johns. B291 / THE-Final5 of 12020-2021/Summer Their partnership agreement stipulates the following: A profit sharing ratio of 2:3 Eight percent interest on capital Ten percent interest charged on drawings Mary receives a salary of $160,000 per annum Required: Prepare an appropriation statement for the partnership