Which of the Following Is True of an Internal Auditor

question 20

Multiple Choice

Which of the following is true of an internal auditor?

• A) The responsibilities of an internal auditor extend beyond the processing functions of a transactional accountant.
• B) A qualified opinion from the internal auditor adds credibility to the organization and its financial statements.
• C) The internal auditor issues reports that are used by the stakeholders and other users to understand the financial statements of an organization.
• D) The budgets, cash flow statements, income statement, and balance sheet of an organization is prepared by the internal auditor.

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Definitions:

Two-Factor Theory

A psychological theory positing that human emotions and behaviors are a product of both physical arousal and cognitive interpretation of that arousal.

Dismantling Research Designs

A research method used to identify the components of a treatment that are effective by comparing the outcomes of the full treatment to those of treatments with certain components removed.

Constituents

Members or components of a larger group or system, often used to refer to the people represented by politicians or the parts of a compound or mixture.

Mediating Variables

Variables in statistical analysis that explain the relationship between two other variables, clarifying how or why such a relationship exists.