Question

the internal audit function is least effective when the department _ A.is non - independent B.is competent C.is objective D.exhibits integrity​

Answer 1

The internal audit function is least effective when the department is non independent.

• The task of an internal audit in a company is to provide an objective review of the audit procedures and controls and to provide recommendations for change.
• Value is acknowledged because the gains of those guidelines outweigh the costs or actions of adopting them.
• However, some situations can lead to the audit being ineffective such as the non-independence of the department. An audit requires the cooperation of a department as a whole.