Internal Auditors

question 40

Multiple Choice

Internal auditors

• A)are hired by CPA firms to audit business firms.
• B)are employees of the IRS who evaluate the internal controls of companies filing tax returns.
• C)evaluate the system of internal controls for the companies that employ them.
• D)cannot evaluate the system of internal controls of the company that employs them because they are not independent.

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Definitions:

Control

The ability to influence or direct people's behavior or the course of events.

Flexibility

The ability to adapt to new, different, or changing requirements and situations in various contexts, including work, personal life, and physical abilities.

Algorithmic Management

Using algorithms’ data processing power to extract information from big data to allow managers to oversee workers in an optimized manner at a large scale.

Ratings

Evaluations or assessments of the quality, performance, or popularity of products, services, or content, often influencing consumer choices and perceptions.