In large companies, independent checks of performance are often assigned to
A)shift supervisors.
B)management.
C)internal auditors.
D)external auditors.

Question

Quizplus · Accepted Answer

Independent checks of performance in large companies are often assigned to internal auditors, who are responsible for reviewing and evaluating a company's operations, controls, and financial reporting processes. This helps to ensure compliance with laws and regulations, identify areas of potential risk or inefficiency, and improve overall performance. Shift supervisors and management may have biases or conflicts of interest that could compromise the independence and objectivity of such checks, while external auditors are typically only brought in on an annual basis to provide an independent opinion on the company's financial statements.

In Large Companies, Independent Checks of Performance Are Often Assigned