Which Rule of Conduct for Internal Auditors States That They

question 18

Multiple Choice

Which Rule of Conduct for internal auditors states that they are to disclose all material facts known to them that, if not disclosed, may distort the reporting of activities under review?

• A)Objectivity
• B)Integrity
• C)Competency
• D)Confidentiality

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Definitions:

Wealthy

Having a substantial amount of money, assets, or resources; rich.

Nationalizing

The process by which a government takes control of a privately owned company or industry, often to assert greater control over the economy.

Product-Safety Liability

Refers to the legal obligation of manufacturers, distributors, and retailers to produce and sell products that are safe and free from defects that could harm consumers.

Taurine

A sulfur-containing amino acid that is found naturally in the body and is important in the metabolism and function of the heart muscle, retina, and brain.