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

---

Definitions:

African American Democratic Candidate

A political candidate who identifies as African American and represents the Democratic Party in an election, contributing to the diversity and representation in political processes.

Overgeneralized Belief

A cognitive distortion where an individual applies a general rule too broadly, often based on a single incident.

Intergroup Anxiety

Intergroup anxiety is the feeling of discomfort or stress that individuals experience when interacting with members of different social or ethnic groups.

Intragroup Anxiety

Feelings of worry, discomfort, or apprehension that occur within an individual due to interactions or anticipated interactions within their own social group.