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Which of the following activities is outside the scope of internal auditing?

A. Assessing an operating department’s effectiveness in achieving stated organizational goals.

B. Safeguarding of assets.

C. Evaluating controls over compliance with laws and regulations.

D. Ascertaining the extent to which objectives and goals have been established.

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Question added by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.
Date Posted: 2015/04/11
Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

B. Safeguarding of assets

<<>><<>>

Abd ElRahman Mohammed Idris Mohammed
by Abd ElRahman Mohammed Idris Mohammed , Internal Audit Manager , Kenana Sugar Company Limited

B. Safeguarding of assets.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Mark Angelo Damuag
by Mark Angelo Damuag , Financial Analyst , Evacare Management Consultancy Inc

Answer is letter B. Safeguarding of assets......

kamran Khan
by kamran Khan , Accountant , Concord Medical Equipment Trading LLC

D. Ascertaining the extent to which objectives and goals have been established.

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

B. >>>>>>>>>>>>>>>>>>>>>>> Safeguarding of assets.

Shahid Mushtaq Mushtaq
by Shahid Mushtaq Mushtaq , Manager Accounts & Administration , Tasra Grpup

Answer to this question is the option number (C)

rohit mehra
by rohit mehra , Group GM - Finance and accounts , Sun and Sand Group

Safeguarding of assets is outside the scope of internal auditing.

Iftikhar Hussain Shah
by Iftikhar Hussain Shah , Senior Manager Audit & Assurance , Deloitte LLP

Safeguarding of assets is correct option.

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

The right answer is :

B. Safeguarding of assets.

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

My answer is Option B) <<<<<<<<<<<<<<<<<<<<<<

   

MUHAMMED HARIS MI
by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.

Ans.Option B ...Safeguarding of assets.

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