The purpose of the internal audit activity can be best described as: a . Adding value to
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Question:
The purpose of the internal audit activity can be best described as:
- a. Adding value to the organization.
- b. Providing additional assurance regarding the fair presentation of financial statements.
- c. Expressing an opinion on the adequate design and functioning of the system of internal control.
- d. Assuring the absence of any fraud that would materially affect the financial statements.
Related Book For
Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
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