Statement: 'The Government Internal Audit Agency (GIAA) found that 4 out of 17 departments received a 'limited assurance' rating in their most recent audit, indicating significant control weaknesses.' What is the most accurate interpretation?
-
A
The majority of departments have adequate internal controls
-
B
Nearly a quarter of departments have significant control weaknesses that require attention
-
C
Government internal controls are generally failing
-
D
The GIAA audits are too strict in their assessments