The department or division of larger organizations which is responsible for monitoring and evaluating controls on an ongoing basis is
A) internal auditing.
B) external auditing.
C) internal affairs.
D) division monitoring.

Question

Quizplus · Accepted Answer

Internal auditing is the department or division of larger organizations which is responsible for monitoring and evaluating controls on an ongoing basis. External auditing is typically conducted by outside firms and is not an ongoing responsibility of the organization's internal control department. Internal affairs and division monitoring are not traditionally used terms to describe the function of monitoring and evaluating controls within an organization.

The Department or Division of Larger Organizations Which Is Responsible