Internal Audits Are Also Called _____ Audits

question 1

Multiple Choice

Internal audits are also called _____ audits.

• A) human resource
• B) management
• C) transactional
• D) competitive
• E) federal

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Definitions:

Tampering

Tampering involves altering or interfering with something in a deceitful manner, often to manipulate outcomes or evidence.

Illegal Act

An action that violates laws, regulations, or statutes, resulting in criminal or civil legal consequences.

Notify SEC

The act of informing the Securities and Exchange Commission about relevant or required information.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, presenting the results of its operations and the state of its assets and liabilities in an organized manner.