The Proper Organizational Role of Internal Auditing Is to

question 44

Multiple Choice

The proper organizational role of internal auditing is to

• A)assist external auditors in reducing external audit fees.
• B)perform studies to assist in attaining more efficient operations.
• C)serve as an investigative arm of senior management and the board of directors.
• D)serve as an independent,objective assurance and consulting activity that adds value to the organization.

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Definitions:

Task Groups

Teams assembled with the specific purpose of achieving a certain task, project, or objective, often characterized by focused planning and action.

Early Development

Refers to the initial stages of growth and formation in both humans and animals, focusing on physical, cognitive, and emotional development.

Group's Goals

Collective objectives or aims that members of a group strive to achieve together.

Conflict

A struggle or disagreement between opposing parties or ideas, which can occur at personal, societal, or international levels.