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:

Simple Random Samples

A sampling method in which every individual or item from a population has an equal chance of being selected.

Population Size

The total number of individuals or elements that make up the population being studied or analyzed.

First Selection

The initial choice or decision made from a set of options or alternatives.

Simple Random Sample

A simple random sample of size n from a finite population of size N is a sample selected such that each possible sample of size n has the same probability of being selected.