[Solved] Internal audit is also known as ____ – MCQ

Internal audit is also known as ____

a) corporate audit

b) business audit

c) social audit

d) None of these

Answer: a) An internal audit is also known as a corporate audit. It is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control, and governance processes.

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