Two years after purchasing a home,Victor received a check in the mail from his attorney.An accountant had found a discrepancy.The accountant conducted a(n)
A)internal audit.
B)debt audit.
C)cash flow audit.
D)balance audit.
E)liquidity audit.

Question

Quizplus · Accepted Answer

An internal audit is conducted within a company or organization to assess its operations and financial procedures. In this case, Victor's attorney commissioned an accountant to conduct an internal audit of the home purchase, which led to the discovery of a discrepancy.

Two Years After Purchasing a Home,Victor Received a Check in the Mail