Which of the following is not True about External Auditors? i) External Audit is an audit function performed by a Independent body which is a part of the organization. ii) External Auditor provides an Opinion on the effectiveness of the operational activities of the organization. iii) External Auditor checks the accuracy and validity of Operational activities of the Organisation iv) External Auditors analyzes and verifies the financial statement of the company Only iv) is not True i) ,ii) and iii) are not True Only ii) and iii) are not True Only i) is not True

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter1: Auditing: Integral To The Economy
Section: Chapter Questions
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Which of the following is not True about External Auditors? i) External Audit is an audit function performed by a Independent body which is a part of the organization. ii) External Auditor provides an Opinion on the effectiveness of the operational activities of the organization. iii) External Auditor checks the accuracy and validity of Operational activities of the Organisation iv) External Auditors analyzes and verifies the financial statement of the company Only iv) is not True i) ,ii) and iii) are not True Only ii) and iii) are not True Only i) is not True
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