An internal auditor engagement was included in the approved internal audit plan. This is considered a moderately high-risk audit based on the internal audit function's risk model. It is currently on a two year audit cycle. which of the following will likely have the greatest impact on the scope and approach of the internal audit engagement?
a) the areas being audited involves the processing of a high volume of transactions.?
b) certain components ?of the process are outsourced.?
c) A new system was implemented during this year, which changed how the transactions are processed.?
d) The total dollars processed in this area are material.?
(please explain why the answer is correct and why the others are incorrect)
This question was answered on: Oct 07, 2020Buy this answer for only: $15
This attachment is locked
Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
About this QuestionSTATUS
Oct 07, 2020EXPERT
GET INSTANT HELP/h4>
We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.
You can also use these solutions:
- As a reference for in-depth understanding of the subject.
- As a source of ideas / reasoning for your own research (if properly referenced)
- For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
NEW ASSIGNMENT HELP?
Order New Solution. Quick Turnaround
Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.
WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.