New Click here to enroll in UIICL SO Finance and Investment Course

    Register

    Question

     Generally, Internal Auditor is not appointed by:

    A Customers / Shareholders Correct Answer Incorrect Answer
    B Board of Directors/ Audit Committee Correct Answer Incorrect Answer
    C Employee Union Correct Answer Incorrect Answer
    D Government Correct Answer Incorrect Answer

    Solution

    Internal auditors, are appointed by the Board of Directors or the Audit Committee of a company. They are responsible for assessing the effectiveness of the company's internal controls and providing recommendations for improvement. The government does not have a direct role in the appointment of internal auditors.

    Practice Next