[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.

Related MCQs and Answers

Internal auditor has to submit report to
The objective of internal control is to
Internal audit is done
Internal audit is undertaken
The objective of internal audit is
Objective of internal audit includes
An internal audit department
Internal auditor of a company must be
Internal audit means
Internal auditor is appointed by
Internal audit is

Categories: Audit


%d bloggers like this: