Question

The existence of a good system of internal check reduces to a great extent ______________.

• A. the work of an auditor
• B. the liability of an auditor
• C. neither work nor liability of an auditor
• D. both work and liability of an auditor

Answer 1

Answer: (A)

the work of an auditor

Internal check are part of internal control system. Internal check are the system and procedure which prevails in the system to have a systematic check where a task of one person is automatically checked by another person.

If a good system of internal check is available in the system, it reduces a burden of the work of an auditor.