Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. why can internal auditors not achieve the same ind

Why can internal auditors not achieve the same independence as external auditors? Their work...

60.1K

Verified Solution

Question

Accounting

Why can internal auditors not achieve the same independence as external auditors?
Their work is subject to oversight by external auditors.
Internal auditors are not licensed by a regulatory body.
None of these.
Internal auditors report directly to company management.
They cannot audit financial statements.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Ammonia reacts with oxygen according to the equation: 4NH3(g)+5O2(g)→4NO(g)+6H2O(g) ΔHrxn=-906 kJ Part A Calculate the heat (in...

Chemistry
Q

12 13 14 For question numbers 11 12 13 and 14 two statements are given...

Physics
Q

A solid cylinder of mass M and radius R rolls without slipping down an inclined...

Physics
Q

Simplity 3 1 3 s w 5 Write your answer using only a positive exponent...

Algebra
Q

Consider the set of vectors S 1 k 1 k 3 3 2 1 k...

Algebra
Q

Question 4 (15 marks) a) State and explain the importance of...

Accounting
Q

Which of the following is a correct statement as to 401(k) plans? a. An employee...

Accounting
Q

2. From the following balance sheet prepare a cash flow statement of Abc ltd For...

Accounting
Q

pls help complete the required. i need the balance sheet, income statement, and statement of...

Accounting
Q

Tony and Suzie are ready to expand Great Adventures even further in 2025. Tony believes...

Accounting
Q

Charlie David bought an Inflatable Human Bowling Ball for $5,000. She made a 50% down...

Finance
Q

Bailey Corporation uses the double declining balance method of depreciation. For the fiscal year ending...

Accounting