To Maximise Its Effectiveness, the Internal Audit Department Should Report

question 18

Multiple Choice

To maximise its effectiveness, the internal audit department should report to the:

• A) chief financial officer.
• B) shareholders.
• C) external auditor.
• D) board of directors.

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Definitions:

Tubers

Thickened underground parts of a stem or rhizome, such as potatoes, that store nutrients.

Rhizomes

Horizontal underground stems that produce new shoots and roots at intervals along their length.

Stolons

Horizontal above-ground stems or runners that stem from the base of a plant, allowing for asexual reproduction.

Adventitious Buds

Buds that form in unusual places, such as on stems or roots, which can give rise to new plants.