Question

An internal auditor is evaluating the advertising function. The organization has engaged a medium-sized local advertising agency to place advertising in magazine publications. As part of the review of the engagement working papers, the internal auditing supervisor is evaluating the information collected. The internal auditor reviewed the language in the advertising for its legality and compliance with fair trade regulations by interviewing the organization's advertising manager, the product marketing director (who may not have been objective), and five of the organization's largest customers (who may not have been knowledgeable). The supervisor can justifiably conclude that the information is?

1) Reliable
2) Irrelevant
3) Conclusive
4) Insufficient

Answer 1

The internal auditor can conclude that the information is insufficient.

Step-by-step explanation:

The internal auditing supervisor can justifiably conclude that the information is insufficient. This is because the internal auditor reviewed the language in the advertising for its legality and compliance with fair trade regulations by interviewing the organization's advertising manager, the product marketing director (who may not have been objective), and five of the organization's largest customers (who may not have been knowledgeable). The information collected is dependent on subjective opinions and may not provide a comprehensive and objective evaluation of the advertising function.