The Types of Audit Reports Provided by an Internal Auditor

question 17

Multiple Choice

The types of audit reports provided by an internal auditor are:

• A)examination report, review report, or compilation report.
• B)unqualified, qualified, adverse, or a disclaimer of opinion.
• C)financial report or compliance report.
• D)varied and are based on auditor judgment of how best to present the findings.

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Definitions:

Cellulose

A complex carbohydrate that forms the primary structural component of plant cell walls and is indigestible to humans.

Lipids

Organic compounds that are fatty acids or their derivatives and are insoluble in water but soluble in organic solvents. They are an important component of living cells.

Day-neutral Plants

do not require a specific photoperiod to initiate flowering, allowing them to bloom regardless of night length.

Photoperiod

The duration of an organism's daily exposure to light, influencing various biological and physiological processes.