The purpose of an internal auditor's review for effectiveness of the internal control structure is to ascertain whether:
A)the system is functioning efficiently and economically.
B)the system is functioning as intended.
C)financial and operating data are reliable.
D)the entity's goals and objectives have been achieved.

Question

Quizplus · Accepted Answer

The purpose of an internal auditor's review for effectiveness of the internal control structure is to ensure that the system is functioning as intended. The review also helps identify any gaps in the internal control structure and provides recommendations for improvements. While factors such as efficiency, reliability of financial and operating data, and achievement of goals and objectives are important, they are not the primary focus of the review for effectiveness of the internal control structure.

The Purpose of an Internal Auditor's Review for Effectiveness of the Internal