What Factor Conceptually Distinguishes External Auditing and Internal Auditing

question 57

Multiple Choice

What factor conceptually distinguishes external auditing and internal auditing?

• A)tests of controls
• B)substantive tests
• C)education
• D)constituencies

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Definitions:

Social Exchange

A theory that suggests human relationships are formed based on a subjective cost-benefit analysis and the comparison of alternatives.

Leadership

The act of guiding or influencing a group towards the achievement of goals by setting direction, building an inspiring vision, and creating something new.

Identity Construction

The development and formation of an individual's sense of self and identity through experiences, social interactions, and personal reflection.

Dynamic Interaction

Interaction that is active, continuous, and influences the state or outcome of a situation in real-time.