Because They Spend All Their Time Within One Company, Internal

question 9

True/False

Because they spend all their time within one company, internal auditors have much greater knowledge about the company's operations and internal controls then external auditors.

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Definitions:

Compliance

The act of conforming to a request or demand from others, often used in a psychological context to describe when a person changes their behavior in response to an explicit or implicit request.

Obedience

The act of following orders or directions from those in authority.

Stereotype

A commonly accepted yet simplified and rigid perception or conception of a specific kind of individual or object.

Prejudice

Preconceived opinion or bias, often negative, towards someone or something based on stereotypes rather than relevant facts.