Which of the Following Statements Is Not Correct with Regards

question 18

Multiple Choice

Which of the following statements is not correct with regards the differences between internal and external audit?

• A)External auditors report primarily to shareholders while internal auditors report primarily to the board via the audit committee.
• B)External auditors' work is governed by international auditing standards while internal auditors' work is governed by the IIA's Professional Practices Framework.
• C)External auditors' area of focus is organisation wide while internal auditors' area of focus is finance and accounting.
• D)External auditors do not include recommendations in their auditor's report while internal auditors do include such recommendations in their report.

---

Definitions:

Contextual

Relating to the circumstances surrounding a situation or event which add meaning.

Psychoanalytic

Pertaining to a theory and therapeutic approach that emphasizes the exploration of unconscious desires and conflicts as they manifest in behavior.

Uninvolved

A parenting style characterized by a lack of responsiveness to a child's needs and a general disengagement from their life.

Parents

The guardians responsible for raising and nurturing a child, which can include biological, adoptive, step, or foster parents.