Which of the Following Statements Best Describes Internal Auditing

question 1

Multiple Choice

Which of the following statements best describes internal auditing?

• A)An activity located within an entity, primarily to detect fraud.
• B)An accounting function located within an entity.
• C)An activity located within an entity that determines the fiscal integrity of a financial report.
• D)An independent and objective assurance activity within an entity.

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Definitions:

Facial

Pertaining to the face, or a beauty treatment for the face intended to cleanse, improve, and enhance the skin.

Chest Hair

Terminal hair that grows on the chest of human adults, more commonly in males after puberty.

Primary Male Sex Characteristic

Refers to the biological and physiological features present at birth that define male anatomy, including the testes and penis.

Testes

Male reproductive organs responsible for producing sperm and hormones, notably testosterone.