Answered: internal auditors.

Business

Accounting

internal auditors.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

47.

Which of the following statements is/are correct?

Statement I. Independence is a fundamental ethical principle for internal auditors.

Statement II. Communication skills are also essential not only as it relates to fellow auditors, but also process owners and operators.

Statement III. Adding value and being perceived as trusted advisors to their organizations are perhaps the highest aspirations of internal auditors around the world.

Group of answer choices

Statements I and II

Statements II and III

Statements I, II, and III

Statement III only

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