Internal auditors
A)must be independent of the entity that employs them.
B)generally report to the accounting department.
C)are employed by all types of organizations.
D)must be CPAs.

Question

Quizplus · Accepted Answer

Internal auditors are employed by all types of organizations, including corporations, government entities, and non-profit organizations. They are responsible for conducting internal audits and providing recommendations to improve the organization's operations, risk management, and internal controls. While independence is important for internal auditors, they do not necessarily need to be independent of the entity that employs them. Additionally, while many internal auditors are CPAs, it is not a requirement for the role.

Internal Auditors