The internal audit function is only effective when
A) control tasks are properly performed.
B) the results of an internal audit are reported to senior management and/or the company's owners.
C) independent checks of performance are carried out on a regular basis.
D) reports are filed with the CICA.

Question

Quizplus · Accepted Answer

The internal audit function is effective when its findings are communicated to senior management or the company's owners, as this ensures that the necessary actions can be taken based on the audit results.

The Internal Audit Function Is Only Effective When