Internal and external auditors are part of which of the following components of internal control?
A) Monitoring controls
B) Information systems
C) Control procedures
D) Control environment

Question

Quizplus · Accepted Answer

Internal and external auditors are part of the monitoring controls component of internal control, which involves ongoing review and evaluation of the system to ensure that it is functioning as intended and that any potential weaknesses or issues are identified and addressed in a timely manner. The other components of internal control are control environment, risk assessment, control procedures, and information systems.

Internal and External Auditors Are Part of Which of the Following