Which of the following statements does not describe the responsibilities of a company's internal audit staff?
A) Internal auditors ensure that the company's financial statements have been presented fairly.
B) Internal auditors focus on the efficiency with which the organization is run.
C) Internal auditors help ensure that the company's policies and procedures are followed.
D) Internal auditors prepare the report of management to the company's stockholders.

Question

Quizplus · Accepted Answer

Internal auditors do not ensure that the company's financial statements have been presented fairly; this is the responsibility of external auditors. Internal auditors focus on internal controls, risk management, and operational efficiency.

Which of the Following Statements Does Not Describe the Responsibilities