⚡ Rakhi Special - Flat 52% off on All Courses from 6 to 10 Aug! ⚡ Enroll Now

    Question

    Who is primarily responsible for preventing and

    detecting frauds in an organisation?
    A Internal Auditor Correct Answer Incorrect Answer
    B Statutory Auditor Correct Answer Incorrect Answer
    C Management Correct Answer Incorrect Answer
    D Forensic Auditor Correct Answer Incorrect Answer

    Solution

    Management holds primary responsibility; auditors only express opinion on truthfulness of statements.

    Practice Next
    More Auditing Questions