Which of the Following Is a Main Function of Internal

question 20

Multiple Choice

Which of the following is a main function of internal auditing in multinational corporations?

• A) Preparing the annual report to corporate shareholders
• B) Selecting independent members for the board of directors
• C) Helping external auditors with the financial statement audit
• D) Monitoring risks and assessing their effect on the company

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Definitions:

Interregional Trade

Trade that occurs between different regions within a country or across different countries, involving the exchange of goods and services.

Cincinnati

A city in the state of Ohio, United States, known for its rich history, cultural heritage, and as a major economic and social hub in the Midwest.

St. Louis

A major city in Missouri, United States, known for its significant historical events, cultural contributions, and landmarks such as the Gateway Arch.

Wage Labor

A system of employment where workers are paid a fixed hourly rate or salary for their labor, as opposed to earning profits or owning the means of production.