Which of the following is not performed by the internal audit function?
A)Monitoring internal control.
B)Examining financial and operational information.
C)Test transactions.
D)Implement business processes that are more efficient and effective.

Question

Quizplus · Accepted Answer

The internal audit function is responsible for evaluating and monitoring the effectiveness of internal controls, examining financial and operational information, and testing transactions. However, the function is not responsible for implementing business processes that are more efficient and effective. That falls under the responsibility of management or process improvement teams.

Which of the Following Is Not Performed by the Internal