Mr. Adil is appointed in BAC construction works as an internal auditor. One day their head of finance was on leave due to some emergency. The business has to take a timely decision otherwise; they may face a huge loss. What do you suggest to them regarding a decision? a-Internal auditor advice is significant b-A meeting should be called by the board of directors to take a decision c-Internal auditor should not considered in the decision d-Wait for the head of finance to take decision

The answer for the multiple choice question and relevant explanation are presented hereunder :

Mr. Adil is appointed in BAC construction works as an internal auditor. One day their head of finance was on leave due to some emergency. The business has to take a timely decision otherwise; they may face a huge loss. What do you suggest to them regarding a decision?

Mr. Adil is appointed in BAC construction works as an internal auditor. One day their head of finance was on leave due to some emergency. The business has to take a timely decision otherwise; they may face a huge loss. What do you suggest to them regarding a decision?

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter6: Professional Roles

Section6.4: Tommy O’connell, Audit Senior

Problem 3Q

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