The objectives of the internal audit function do not vary according to:
A)organisation size
B)organisation complexity
C)organisation market share
D)industry sector

Question

Quizplus · Accepted Answer

The objectives of the internal audit function are designed to evaluate and improve the effectiveness of risk management, control, and governance processes, which are not directly influenced by the organization's market share. Factors like organization size, complexity, and industry sector might influence the scope and focus of internal audits, but the fundamental objectives remain consistent regardless of market share.

The Objectives of the Internal Audit Function Do Not Vary