What Is True Concerning Internal Auditors

question 71

Multiple Choice

What is true concerning internal auditors?

• A)Internal auditors can not deter nor detect fraud.
• B)Internal auditors can deter but not detect fraud.
• C)Internal auditors can not deter but can detect fraud.
• D)Internal auditors can both deter and detect fraud.

---

Definitions:

Loyalty

The state or quality of being loyal; fidelity to a company, brand, or person, often resulting in repeated business or advocacy.

Price Sensitivity

The degree to which the price of a product affects consumers’ purchasing behavior.

Broad Segmentation Bases

Wide-ranging criteria used to divide a market into distinct customer groups with varying needs, characteristics, or behaviors.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices during a given period.