[Solved] Internal audit is ____ MCQ

By Pulakesh Nath on April 7, 2022

Internal audit is ____

a) An independent audit

b) Objective assurance audit

c) Consulting activity designed audit

d) All of these

Answer: d) Internal audit 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.

Internal audit is also known as

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