Which of the following would be a likely target of an internal audit?
A)a corporation's charitable-giving program
B)a corporation's potential merger partner
C)a corporation's possible acquisition
D)a corporation's current competitor
E)a corporation's potential supplier

Question

Quizplus · Accepted Answer

An internal audit is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. Therefore, a corporation's charitable-giving program is an appropriate target for an internal audit to ensure that the corporation is effectively and efficiently using its resources for charitable purposes.

Which of the Following Would Be a Likely Target of an Internal