Which of the following is not applicable to the internal audit function a Deter or catch employee fraud b Issue an opinion for investors regarding the reliability of the financial statements c Be guided by its own set of professional standards d Help to ensure that the accounting function is perfor...

The correct answer is B Internal auditors do not issue reports ...

Which of the following is not applicable to the internal audit function? a. Deter or catch employee

Question:

Which of the following is not applicable to the internal audit function?
a. Deter or catch employee fraud.
b. Issue an opinion for investors regarding the reliability of the Be guided by its own set of professional standards.
d. Help to ensure that the accounting function is performed correctly and that the are prepared accurately.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...