As a form of internal control within the acquisition/payment process, internal auditors are most likely to:
A)Prevent or detect a problem.
B)Prevent or correct a problem.
C)Detect or correct a problem.
D)None of these; internal auditors are not a form of internal control for the acquisition/payment process.

Question

Quizplus · Accepted Answer

Internal auditors are responsible for providing independent assurance that an organization's internal controls are operating effectively. They can help to prevent or detect problems in the acquisition/payment process by reviewing the process and identifying any weaknesses.

As a Form of Internal Control Within the Acquisition/payment Process