The services provided by internal auditors do not include
A) Audits of financial statements for security registration statements.
B) Review of control systems that ensure compliance with company policies, laws, and regulations.
C) Review of effectiveness in achieving program results in comparison to pre-established objectives and goals.
D) Appraisals of the economy and efficiency of operations.

Question

Quizplus · Accepted Answer

The services provided by internal auditors may include the review of financial statements for internal purposes, but they do not audit financial statements for the purpose of security registration statements. This is typically the responsibility of external auditors.

The Services Provided by Internal Auditors Do Not Include