CoolInterview.com - World's Largest Collection of Interview Questions & Answers, FAQs, queries, sample papers, exam papers, dumps, what, why, how, where, when questions
Interview Success Kit - Get Success in Job Interviews Interview Success Kit - 30,000 Interview Que. & Ans.
Covers 30,000+ Interview Questions asked in actual MNC Interviews - all with model answers.
Get Your Dream Job Now - www.vyoms.com
Sponsored Links
Interview Questions
Our Services

INTERVIEW QUESTIONS AUDIT DETAILS
Question :
What are Objectives Of Internal Audit?
Category Audit Interview Questions
Rating (4.5) By 19 users
Added on 7/22/2015
Views 35
Rate it!
Answers:

The purpose of internal audit is to keep proper control over business activities. When there is proper control there is maximum efficiency. The internal auditor determines the degrees of control over work. The purpose of internal audit is to evaluate the accounting system. It is concerned with checking proper authority for transactions like purchase, retirement and disposal of fixed assets. The vouchers can be compared with entries in order to determine that figures are facts.

The purpose of internal audit is to help the management. Internal auditor can point out the weakness. The internal audit can be used as a tool to correct the situation. The management functions can be performed properly. The purpose of internal audit is to review the working of business. The working of current tear can be reviewed in detail just to note the successful area of working. There is a need to locate the weak points. The corrective measures can be taken for proper working.



If you have the better answer, then send it to us. We will display your answer after the approval.
Rules to Post Answers in CoolInterview.com:-

  • There should not be any Spelling Mistakes.
  • There should not be any Gramatical Errors.
  • Answers must not contain any bad words.
  • Answers should not be the repeat of same answer, already approved.
  • Answer should be complete in itself.
  • Name :*
    Email Id :*
    Answer :*
    Verification Code Code Image - Please contact webmaster if you have problems seeing this image code Not readable? Load New Code
    Process Verification Enter the above shown code: *
    Inform me about updated answers to this question

    Related Questions
    View Answer
    Explain The Difference Between Internal Audit And External Audit?
    View Answer
    How to involve people in audit?
    View Answer
    What to do after the audit?
    View Answer
    What are the basic principles of an internal audit controlsystem?
    View Answer
    Whats are the importance of evaluating an internal audit department?
    View Answer
    What are the importance of internal audit to the organization?
    View Answer
    How does the internal audit differ from an external audit?
    View Answer
    Explain the difference between internal audit and statutory audit?
    View Answer
    What are the different advantages and disadvantages of internal audit?
    View Answer
    Tell me that how I can evaluate the internal control audit?
    View Answer
    Explain how to do an internal audit effectively?
    View Answer
    How can scope of internal audit help you?
    View Answer
    What Does An Internal Audit Charter Contain?
    View Answer
    What Is An Internal Audit And What Is The Role Of Internal Audit?
    View Answer
    Explain Different Functions Of Internal Audit?
    View Answer
    What are the Essential Of Internal Audit?
    View Answer
    What are Objectives Of Internal Audit?
    View Answer
    How Does An Internal Audit Differ From An External Audit?
    View Answer
    Explain The Difference Between Internal Audit And External Audit?
    View Answer
    How to involve people in audit?
    View Answer

    Please Note: We keep on updating better answers to this site. In case you are looking for Jobs, Pls Click Here Vyoms.com - Best Freshers & Experienced Jobs Website.

    View ALL Audit Interview Questions & Answers

    User Options
    Latest 20 Questions
    How to Retrieve a Cookie Value ?
    How to Create a Cookie?
    What is ViewState ?
    What are different methods of session maintenance in ASP.NET?
    What is cross cutting concern and concern in spring AOP ?
    What are the important beans lifecycle methods ?
    Explain the advantages of using DAO module?
    What is SQLProvider ?
    How struts application can be integrated with spring?
    What are the advantages of spring framework?
    What is ?Throws advice? in Spring ?
    What is Metadata Autoproxying ?
    Describe about DAO in Spring framework ?
    What is called an Advice ?
    What is IOC?
    What are the types of Dependency Injection?
    What are the different Modes of Autowiring ?
    Define Application context module?
    Why Spring framework is needed?
    What is called Spring MVC?


    Copyright ©2003-2016 CoolInterview.com, All Rights Reserved.
    Privacy Policy | Terms and Conditions

    Download Yahoo Messenger | Placement Papers| FREE SMS | ASP .Net Tutorial | Web Hosting | Dedicated Servers | C Interview Questions & Answers

    Testing Articles | Testing Books | Testing Certifications | Testing FAQs | Testing Downloads | Testing Interview Questions | Testing Jobs | Testing Training Institutes


    Cache = 0 Seconds