Accounting Multiple Choice Question – 3 April 2026

To which ONE of the following stakeholders / parties would the internal auditor report into?

Select ONE answer:

1. Employees
2. Shareholders
3. Audit committee
4. External auditors

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 3

1. Not correct
2. Not correct
3. Correct – external auditors report to the shareholders and, although internal auditors will normally provide information to the external auditors, they do not formally report to them.
4. Not correct

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