Which of the Following Is Not a Correct Interpretation of the Definition

question 56

Multiple Choice

Which of the following is not a correct interpretation of the definition of internal auditing provided by the IIA?

• A) Employees of the organization may conduct internal auditing activities.
• B) Internal auditing is a line activity within the organization.
• C) All phases of the entity's operations fall within the scope of internal auditing.
• D) The auditor's judgment has value when it is free of bias.
• E) Internal auditing exists to aid or benefit the entire organization.

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Definitions:

Principal

In a contractual relationship, the principal is the party who authorizes an agent to act on their behalf.

Certified Mail

A postal service that provides the sender with a mailing receipt and electronic verification that an item was delivered or that a delivery attempt was made.

Supreme Court of Tennessee

The highest appellate court in the state of Tennessee, responsible for interpreting state laws and constitution.

Vicariously Liable

The legal principle that holds a party responsible for the actions of another, typically in employer-employee relationships, even if the party was not directly involved in the incident.