Many Organizations Have an Internal Audit Function That Makes Periodic

question 66

Multiple Choice

Many organizations have an internal audit function that makes periodic reviews of each department within the organization.The focus of these reviews is to:

• A)Conduct an investigation of each department to be sure fraud is not taking place
• B)Evaluate the efficiency and effectiveness of the department
• C)Evaluate the performance of the manager of the department
• D)Report to the organization's top managers and board of directors

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Definitions:

College Professor

An academic instructor or faculty member who teaches and conducts research at a college or university level.

Recognize

The ability to identify someone or something as being previously known or familiar.

Recall

The ability to remember and retrieve information from memory.

Priming

A psychological phenomenon where exposure to one stimulus influences the response to a subsequent stimulus, without conscious guidance or intention.