Which of the Following Is Not Required of an Individual

question 18

Multiple Choice

Which of the following is not required of an individual seeking to become a certified internal auditor?

• A) Two years work experience in internal auditing or its equivalent.
• B) Successful completion of a two-day examination.
• C) A baccalaureate degree from an accredited college.
• D) One year of supervisory experience.

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Definitions:

Bananas

A tropical fruit with a signature yellow peel and soft, sweet flesh, widely consumed around the world and rich in potassium.

Perfect Substitutes

Perfect substitutes are two goods that can be used in place of each other with no loss of utility or preference by consumers.

Income Effect

Refers to the change in an individual's or economy's purchase of goods and services resulting from changes in income levels.

Substitution Effect

The change in consumption patterns due to a change in relative prices, holding the consumer's level of utility constant.