CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 137 Topic 14 Discussion
BA4 Exam Topic 14 Question 137 Discussion:
Question #: 137
Topic #: 14
Internal audit is considered best practice but is not required by law Which of the following does NOT describe a benefit of internal audit to the board of directors?
A.
The internal audit function can help the audit committee have confidence in the fraud prevention systems within the company
B.
The internal audit function can provide independent assurance of the financial policies applied to the financial statements
C.
The internal audit function can report back to the audit committee if controls are not as effective as they should be
D.
The internal audit function can help the audit committee to discharge their responsibilities for the ongoing monitoring of the risk in the company
Chosen Answer:
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