Which of the following is true of using internal audits to manage risk?
A. Every small business owners conduct internal audits on their own.
B. Internal audits have a fixed structure decided by the government and all employers are required to comply.
C. The owner should provide sufficient authority to the auditor to ensure that he or she can accomplish the goals of the audit.
D. The owner should accept that the auditor has final authority when it comes to approving the audit plan.
Answer: C