Which of the following statements is the most appropriate example of the internal audit activity exercising due professional care during an audit of the payroll department?

Question

Larry Wong · Accepted Answer

Internal auditors ensure that the work program is appropriately designed in order to identify all of the risks surrounding the payroll process.

Larry Wong · Answer

Internal auditors determine whether the policies, procedures, and practices of the payroll department are operating in accordance with relevant laws.

Larry Wong · Answer

Internal auditors verify whether the board of directors has implemented effective internal controls over the processes used by the payroll department.

Larry Wong · Answer

Internal auditors ask the organization's risk manager to determine whether the degree of work planned is sufficient to determine whether payroll payments were complete and accurate.

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