The objective/s of a trust department audit is/ are to:

Question

Quizplus · Accepted Answer

A trust department audit aims to achieve all of the objectives mentioned in the options A, B, and C. The audit is conducted to detect and prevent any irregularities, assess the adequacy of controls and procedures, and determine the quantity of account administration. Therefore, the correct answer is D, i.e., all of the above objectives must be achieved while conducting a trust department audit.

The Objective/s of a Trust Department Audit Is/ Are To