[Solved] Internal auditor is appointed by ____ MCQ

Internal auditor is appointed by ____

a) Management

b) Shareholders

c) Government

d) Statutory body

Answer: a) Internal auditors are appointed by the Management. They have to report directly to the board of directors or audit committee and should not be under the control of any person who is/has been in charge of financial management.

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 audit is