When a firm uses internal auditors, it is adhering to which one of the following internal control elements?
A) risk assessment
B) monitoring
C) proofs and security measures
D) separating responsibilities for related operations

Question

Quizplus · Accepted Answer

The use of internal auditors is part of the monitoring internal control element, which involves regularly assessing the effectiveness of the other internal control components and making necessary adjustments. Internal auditors can provide independent and objective evaluations of an organization's operational, financial, and information systems controls.

When a Firm Uses Internal Auditors, It Is Adhering to Which