When the internal audit activity performs an assurance engagement, how many parties are involved?

1 answer:

6 0

We can actually deduce here that when the internal audit activity performs an assurance engagement, the number of parties are involved are: Three.

<h3>What is internal audit?</h3>

Internal audits are actually known to be a way a company's internal controls, governance and accounting process are evaluated. This is usually carried out in order to make sure that there is compliance with all the laws and regulations.

Internal audit actually helps to maintain accurate and timely financial reporting and also data collection.

Thus, we see that during the internal audit activity, there are three parties available for the assurance engagement.

Learn more about Internal audits on brainly.com/question/28346286

#SPJ1

You might be interested in

Chose the following reason(s) for why the English established colonies in the America.

Darya [45]

The correct answer should be D. The Southern Colonies were proprietary colonies founded by private investment for economic gain, whereas the New England and Middle Colonies were mainly religious and ethnic havens safe from persecution. Hope this helps :)

3 0

3 years ago

Ken is a patrol officer in Orlando. As part of his routine patrolling activities, he spends the first half of the day responding

Ipatiy [6.2K]

Answer:

Calls for service

Explanation:

The scenario illustrates officers call for service. Call for service involves officers being dispatched to respond to calls regardless of the purpose of the call. These calls can range from complaints to emergency calls. Call for service is under the active patrol classification.

8 0

3 years ago

(Pls help!!!) match these

sesenic [268]

1. K

2. E

3. J

4. L

5. H

6. F

7. B

8. G

9. D

10. I

11. C

12. A

Hope this helps :)

4 0

3 years ago

Read 2 more answers

When a private party acts carelessly (or even intentionally) and causes an injury to another party, that injured party has a rig

Arte-miy333 [17]

Answer:

Civil Justice System.

Explanation:

<u>Civil Justice is the system which an individual can use when harm is caused by someone else. This harm can be due to their negligence, purposefully, or malpractices.</u>

The person who is harmed then can opt for Civil justice. In this, the law gives a fair justice. The other party can even sue the first party who have caused harm and demand for compensation or money for the injuries caused.

So, the correct answer is Civil Justice System.

7 0

3 years ago

What do those living with AIDS and those living in poverty have in common? They face prejudice due to perceived moral flaws. The

AlladinOne [14]

Answer: They face prejudice due to perceived moral flaws.

Explanation:

The society or most society has a wrong notion about those with AIDS and poverty. Some people see AIDS patient's as those who don't have the right to live for a long while, while many others see those are poor different and want to have nothing to do with them. There is always this discrimination against this groups in the society and it affects individuals in those categories.

7 0

3 years ago