Which of These Is a Criticism of Internal Auditing

question 132

Multiple Choice

Which of these is a criticism of internal auditing?

• A) Excessive government regulation
• B) Not based on accepted accounting practices
• C) Identical to external auditing
• D) Top management snooping and meddling
• E) Too vague

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Definitions:

Product-Development Activities

The series of tasks involved in designing, creating, and bringing a new product to market.

Cash Flow Problems

Arise when an organization struggles to maintain sufficient cash inflows to meet its outgoing financial obligations.

Human Limitations

Refers to the natural constraints on what individuals can physically and mentally achieve.

Best Alternative

The most desirable option available to a person or entity when their first choice is not feasible.