[Solved] The objective of internal audit is ____ MCQ

The objective of internal audit is ____

a) Proper control

b) Perfect accounting system

c) Asset protection

d) All of the above

Answer: d) The objective of an internal audit is to provide management and the board with independent, objective assurance designed to add value and improve organizations’ 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

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