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The new system adopted by the company to capture and process travel expenses has been embraced and received high praises by the management. Management has
The new system adopted by the company to capture and process travel expenses has been embraced and received high praises by the management. Management has further concluded that the new process has zero risk for fraud or error. What is the best way to approach this scenario as an internal auditor? Select answer from the options below Agree with management's response, as the management makes the last call for decision. Assess if the benefits outweigh the risk of the new technology to be reasonable. Identify and manage the risks within the company's tolerance level. Remain professionally skeptical and critically assess the new technology
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