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      Question

      The audit of a company's internal control system is a

      key part of:
      A Tax Audit Correct Answer Incorrect Answer
      B Cost Audit Correct Answer Incorrect Answer
      C Internal Audit Correct Answer Incorrect Answer
      D Secretarial Audit Correct Answer Incorrect Answer
      E Forensic Audit Correct Answer Incorrect Answer

      Solution

      Evaluating the effectiveness of the internal control system is a fundamental and core objective of the internal audit function. While other audits may touch upon controls, it is the primary focus of internal audit to provide assurance on risk management and control processes.

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