Multiple Choice
What is the difference between an internal and external auditor?
A) Internal auditor prepares the set of financial statements, whereas external auditor does not do so
B) Internal auditor focuses on fraud, external auditor evaluates misstatements
C) Internal auditor is employed by the entity, whereas, external auditor is independent
D) No difference, change in nomenclature based on the type of audit performed
Correct Answer:
Verified
Correct Answer:
Verified
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