Which of the Following Is Not a Similarity Between External

question 69

Multiple Choice

Which of the following is not a similarity between external and internal auditors?

• A) Both must be independent of the company.
• B) Both must be competent.
• C) Both follow a similar methodology in performing their audits.
• D) Both consider risk and materiality deciding the extent of their tests and evaluating results.

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Definitions:

Strict Work Schedule

A work plan with fixed start and end times and little to no flexibility.

Workaholism

A condition characterized by an uncontrollable need to work incessantly, often at the expense of personal relationships and health.

Paid Vacation

Employment benefit allowing employees to take time off work while still receiving their regular pay, enabling rest, travel, or personal activities.

Work Phone

A telephone designated for business use, either provided by an employer or dedicated by an individual for work-related communication.