The Fundamental Difference Between Internal and External Auditing Is That

question 49

Multiple Choice

The fundamental difference between internal and external auditing is that

• A)internal auditors represent the interests of the organization and external auditors represent outsiders
• B)internal auditors perform IT audits and external auditors perform financial statement audits
• C)internal auditors focus on financial statement audits and external auditors focus on operational audits and financial statement audits
• D)external auditors assist internal auditors but internal auditors cannot assist external auditors