The internal audit department includes members of the board of directors who determine that the internal systems and controls of the organization are adequate and effective.

Question

Quizplus · Accepted Answer

The internal audit department is generally independent of the board of directors and is responsible for evaluating the adequacy and effectiveness of internal systems and controls within an organization. The board of directors may provide oversight and guidance to the internal audit department, but they are not typically members of the department itself.

The Internal Audit Department Includes Members of the Board of Directors