To Some Extent,the External Auditor Can Rely on Some of the Company's

question 75

True/False

To some extent,the external auditor can rely on some of the company's evaluation and/or testing of controls,particularly work performed by a competent and independent internal audit function.

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Definitions:

Job Behaviours

The actions and attitudes displayed by employees in the workplace, affecting performance and organizational culture.

360-degree Appraisals

360-degree Appraisals are a feedback system where employees receive confidential, anonymous feedback from their peers, subordinates, and supervisors, and sometimes external sources like customers or clients.

Comprehensive Evaluation

A thorough assessment that considers all or most factors, aspects, or elements of an issue or situation.

Multiple Sources

The practice of gathering information or data from different origins to ensure a broader perspective or more comprehensive understanding.