Following statements describes the functions of internal-00171
Following statements describes the functions of internal auditing EXCEPT:
This multiple choice question (MCQ) is related to the book/course vu acc311 Fundamentals of Auditing. It can also be found in vu acc311 Mid Term - Quiz No.5.
Following statements describes the functions of internal auditing EXCEPT:
It is a function that evaluates an organization's risk management, control and governance processes
It is a wide ranging activity and includes functions that are advisory or task oriented
It is an activity which entails appraising the entity's strategies and expressing an opinion on the financial statements
It is an activity that extends beyond the appraisal of efficiency and effectiveness