6. In which of the following situations does the internal auditor potentially lack objectivity? a. A payroll accounting employee assists an internal auditor in verifying the physical inventory of small motors. b. An internal auditor discusses a significant issue with the vice president to whom the auditee reports prior to drafting the audit report. c. An internal auditor recommends standards of control and performance measures for a contract with a service organization for the processing of payroll and employee benefits. d. A former purchasing assistant performs a review of internal controls over purchasing four months after being transferred to the internal audit department.
6. In which of the following situations does the internal auditor potentially lack objectivity? a. A payroll accounting employee assists an internal auditor in verifying the physical inventory of small motors. b. An internal auditor discusses a significant issue with the vice president to whom the auditee reports prior to drafting the audit report. c. An internal auditor recommends standards of control and performance measures for a contract with a service organization for the processing of payroll and employee benefits. d. A former purchasing assistant performs a review of internal controls over purchasing four months after being transferred to the internal audit department.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:6. In which of the following situations does the internal auditor potentially lack objectivity? a. A payroll accounting employee assists
an internal auditor in verifying the physical inventory of small motors. b. An internal auditor discusses a significant issue with the vice
president to whom the auditee reports prior to drafting the audit report. c. An internal auditor recommends standards of control and
performance measures for a contract with a service organization for the processing of payroll and employee benefits. d. A former
purchasing assistant performs a review of internal controls over purchasing four months after being transferred to the internal audit
department.
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