Which of the following would be a likely target of an internal audit?
A)A corporation's charitable-giving program
B)A corporation's potential merger partner
C)A corporation's possible acquisition
D)A corporation's current competitor
E)A corporation's potential supplier

Question

Quizplus · Accepted Answer

Management audits may be external or internal. Managers conduct external audits of other companies and internal audits of their own companies. Even though a charitable-giving program's focus is to give money to external recipients, the program itself is part of the corporation's internal structure.

Which of the Following Would Be a Likely Target of an Internal