Which of the following internal audit tools would be most effective to document the process and the key controls?

The internal audit activity is planning a procurement audit and needs to obtain a thorough understanding of the subcontracting process, which can involve multiple individuals in multiple countries.

Which of the following internal audit tools would be most effective to document the process and the key controls?
A . Internal control checklist.
B . Procurement employee survey.
C . Cross-functional flow chart.
D . Segregation of duties matrix.

View Answer

Answer: C