Internal Audit Reports Are Usually Considered " ____________________ " Until

question 81

Short Answer

Internal audit reports are usually considered " ____________________ " until a _________________________ is performed.

---

Definitions:

Insurer

A company or entity that provides insurance policies to protect against financial losses.

Deductible

A fixed dollar amount that must be paid by the insured before additional expenses are covered by an insurer.

Liability Insurance

A type of insurance that covers injuries caused by the insured or injuries that occurred on the insured’s property.

Insured

Covered by insurance, offering protection against financial loss or damage.