Adding a review of operations by an internal audit staff strengthens internal control.

Question

Quizplus · Accepted Answer

Internal audit staff is responsible for reviewing and assessing the effectiveness of the organization's internal control system. By conducting a review of operations, they can identify any weaknesses or deficiencies in internal control and provide recommendations for improvement. This strengthens the organization's internal control environment by ensuring that risks are properly identified, assessed, and managed, and that controls are effective in mitigating those risks.

Adding a Review of Operations by an Internal Audit Staff