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Which one of the following is not true about internal auditors? Reports to management or those charged with governance It is not necessary for the internal auditor to be an expert in all the branches of business Helps in improving the company's operations by reviewing the efficiency and effectiveness of internal controls Wider in scope and dependent on the requirements of the management

Which one of the following is not true about internal auditors? Reports to management or those charged with governance It is not necessary for the internal auditor to be an expert in all the branches of business Helps in improving the company's operations by reviewing the efficiency and effectiveness of internal controls Wider in scope and dependent on the requirements of the management

FINANCIAL ACCOUNTING
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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Which one of the following is not true about internal auditors? Reports to management or those charged with governance It is not necessary for the internal auditor to be an expert in all the branches of business Helps in improving the company's operations by reviewing the efficiency and effectiveness of internal controls Wider in scope and dependent on the requirements of the management Policies and procedures that client management has established to meet its objectives for financial reporting include all the following EXCEPT: 直 TOSHIBA
Transcribed Image Text:Which one of the following is not true about internal auditors? Reports to management or those charged with governance It is not necessary for the internal auditor to be an expert in all the branches of business Helps in improving the company's operations by reviewing the efficiency and effectiveness of internal controls Wider in scope and dependent on the requirements of the management Policies and procedures that client management has established to meet its objectives for financial reporting include all the following EXCEPT: 直 TOSHIBA
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