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Question
In comparison to the independent auditor, an internal auditor is more likely to be concerned with ______________.
In comparison to the independent auditor, an internal auditor is more likely to be concerned with ______________.
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Solution
The correct option is B Internal control system
Internal audit provides independent assurance on the effectiveness
of internal controls and risk management processes to enhance
governance and achieve organisational objectives where as the independent ( external or statutory) auditor carries out a general evaluation of internal control system as a part of the audit. Hence, in comparison to the independent auditor, an internal auditor is more likely to be concerned with "Internal Control System".
Internal audit provides independent assurance on the effectiveness of internal controls and risk management processes to enhance governance and achieve organisational objectives where as the independent ( external or statutory) auditor carries out a general evaluation of internal control system as a part of the audit. Hence, in comparison to the independent auditor, an internal auditor is more likely to be concerned with "Internal Control System".
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