Which of the Following Is Not a Main Goal of Internal

question 24

Multiple Choice

Which of the following is not a main goal of internal auditing?

• A)Add value to an organisation's operations.
• B)Help an organisation accomplish its objectives.
• C)Provide reliable information to external users.
• D)Improve the effectiveness of risk management of an organisation.

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Definitions:

Working Capital

A disparity between a firm's current holdings and its outstanding obligations, signifying its short-term economic fitness and effectiveness in functioning.

Discount Rate

In the context of discounted cash flow analysis, this is the interest rate used to establish the present-day value of future cash inflows.

Net Operating Cash Inflows

This represents the cash that a business generates from its ordinary, operational activities, excluding financing or investment cash flows.

Working Capital Investment

The funding required to cover the operation's day-to-day financial activities.