According to the Recent Definition of Internal Audit Provided by the Institute

question 15

Multiple Choice

According to the recent definition of internal audit provided by the Institute of Internal Auditors, the principal benefit to management of there being an internal audit function is that:

• A)it aids management in the areas of risk management, control and governance processes.
• B)management is provided with assurance that the organisation is complying with legal requirements.
• C)management is provided with assurance that fraudulent activities will be detected.
• D)external audit costs are reduced.

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Definitions:

NLRB

The National Labor Relations Board is an independent agency of the U.S. government responsible for enforcing U.S. labor law in relation to collective bargaining and unfair labor practices.

NLRA Certification Process

The procedure by which the National Labor Relations Board (NLRB) certifies a labor union as the bargaining representative for a group of workers.

Employer Violators

Businesses or employers who fail to comply with labor laws and regulations.

Anti-union Campaigning

Activities undertaken by employers or other entities to discourage workers from joining or forming unions.