Which is generally considered to be the primary purpose of an internal auditor's evaluation of the adequacy of internal controls.

1.to determine whether the established internal controls are functioning as intended by management.

2. to determine the extent of reliance the internal auditor can place on the established internal controls in the process of evaluating the financial statements prepared by the organization.

3. to determine whether all risks and exposures of the enterprise have been reduced or eliminated by the internal controls.

4. to determine whether the established internal controls provide reasonable assurance that the objectives and goals of the organization will be met in an efficient and economical manner.