Independence Is a Fundamental Ethical Principle for Internal Auditors

question 79

True/False

Independence is a fundamental ethical principle for internal auditors.

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Definitions:

Business-Format Franchising

A type of franchising in which the franchisee adopts the franchisor’s entire method of operation.

Fast-Food Restaurants

Eateries that specialize in providing quick service, convenience, and food that is prepared and served quickly to customers.

Late 1700s

A historical period referring to the decade of the 1790s, marking the end of the 18th century.

Franchisee

The small businessperson who purchases the franchise so as to sell the product or service of the franchisor.