What is the role of internal auditing?
A. to substitute for the external auditor whenever possible
B. to provide assurance and consulting services to improve an organization’s operations
C. to assist the audit committee in negotiations with the external auditor
D. to mediate disagreements between the external auditor and corporate management
Answer:B
What is the role of internal auditing?
A. to substitute for the external auditor whenever possible B. to provide assurance and consulting services to improve an organization’s operations C. to assist the audit committee in negotiations with the external auditor D. to mediate disagreements between the external auditor and corporate management