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Commerce · Q85

Auditing

Graduate and Post Graduate · Commerce · question 85

Q85

Internal audit means

A.
Audit undertaken to ascertain the truth and fairness of the state of affairs
B.
Audit undertaken internally to evaluate management functions
C.
Audit undertaken by employees of the organization to check financial irregularities
Answer
D.
Audit by an independent auditor to improve internal affairs

Answer: Option C

Solution

Answer: Option C
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