Internal auditors who are concerned with potential risks due to the mishandling of records or transactions should take into consideration:
A) The type and nature of the activities to be examined.
B) Whether employees in key positions of trust are bonded.
C) The history of losses suffered by the company.
D) The results of prior risk assessments.

Question

Quizplus · Accepted Answer

Internal auditors should consider the type and nature of the activities to be examined to understand where potential risks may arise from mishandling records or transactions. This helps in identifying specific areas that require more attention during the audit process.

Internal Auditors Who Are Concerned with Potential Risks Due to the Mishandling