The correct answer is: A. Management
An internal auditor is an employee of an organization who is responsible for evaluating the organization’s internal controls and risk management systems. Internal auditors are appointed by management to provide independent assurance and consulting services to help the organization achieve its objectives.
Shareholders do not appoint internal auditors. Shareholders are the owners of a company, and they elect the board of directors. The board of directors is responsible for appointing the company’s management, including the chief audit executive (CAE). The CAE is responsible for overseeing the internal audit function.
Government does not appoint internal auditors. The government may regulate the activities of certain organizations, but it does not appoint internal auditors for those organizations. The organizations are responsible for appointing their own internal auditors.
Statutory bodies do not appoint internal auditors. Statutory bodies are government agencies that are responsible for regulating certain industries. However, they do not appoint internal auditors for those industries. The industries are responsible for appointing their own internal auditors.
In conclusion, the correct answer is: A. Management