Which of the following best describes the scope of internal auditing as it has developed to date?
A)Internal auditing involves appraising the economy and efficiency with which resources are employed.
B)Internal auditing involves evaluating compliance with policies,plans,procedures,laws,and regulations.
C)Internal auditing has evolved to verifying the existence of assets and reviewing the means of safeguarding assets.
D)Internal auditing has evolved to more of an operational orientation from a financial orientation.

Question

Quizplus · Accepted Answer

Internal auditing has evolved from focusing primarily on financial matters to a broader operational orientation, encompassing various aspects of an organization's operations, including risk management, governance, and internal controls.

Which of the Following Best Describes the Scope of Internal