Internal auditors
A) are hired by CA firms to audit business firms.
B) are employees of the Canada Revenue Agency who evaluate the internal controls of companies filing tax returns.
C) evaluate the system of internal controls for the companies that employ them.
D) cannot evaluate the system of internal controls of the company that employs them because they are not independent.

Question

Quizplus · Accepted Answer

Internal auditors are employed by the company itself to evaluate and improve the effectiveness of risk management, control, and governance processes. They focus on the company's internal controls and processes to ensure they are working effectively and efficiently.

Internal Auditors