In large companies the independent internal verification procedure is often assigned to
A) computer operators.
B) management.
C) internal auditors.
D) outside CPAs.

Question

Quizplus · Accepted Answer

Independent internal verification procedures are usually assigned to internal auditors, who are independent from the activities they are auditing and have the skills and expertise to perform the verification. Computer operators typically do not have the necessary skills or independence, management is responsible for implementing controls rather than verifying them, and outside CPAs are typically only involved in auditing the company's financial statements.

In Large Companies the Independent Internal Verification Procedure Is Often