Which of the Following Is Not Characteristic of an External

question 15

Multiple Choice

Which of the following is not characteristic of an external audit?

• A)performed by CPAs
• B)primarily used when management suspects embezzlement
• C)performed by an independent organization
• D)verifies that generally accepted accounting principles have been followed
• E)verifies the accuracy and fairness of financial statements

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Definitions:

Simplify

The process of expressing a mathematical expression in a more concise and understandable form, often by combining like terms or reducing fractions.

Combine

This refers to the process of joining two or more items together, often used in mathematics to sum similar terms.

Simplify

The process of altering an expression into its most basic or concise form, without changing its value.

Combine

To bring two or more elements together to form a single entity or result.