Final answer:
Internal auditors are better suited to perform such an engagement due to their familiarity with the organization, access to internal information, and ability to provide ongoing improvements and insights.
Step-by-step explanation:
An argument can be made that the internal audit activity is better able to perform such an engagement because they have a deep understanding of the organization's operations, processes, and systems. Internal auditors are better suited to perform such an engagement due to their familiarity with the organization, access to internal information, and ability to provide ongoing improvements and insights.
As an internal function, they have access to internal information and can analyze it more effectively compared to external auditors who may not have the same level of familiarity. Internal auditors can also make continuous improvements based on their findings and provide valuable insights to management for better decision-making.