Accounting Multiple Choice Question – 19 March 2026

Which ONE of the following roles could the internal audit carry out in respect of risk management and still operate effectively?

Select ONE answer:

1. Monitoring the company’s overall risk strategy
2. Designing an internal control system in a production department
3. Implementing internal controls in the sales department
4. Testing of internal controls in a competitor’s sales order process

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 1

1. Correct – Options 2 and 3 are NOT correct as they are too operational and would compromise internal audit’s monitoring role.
2. Not correct
3. Not correct
4. Not correct

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